Browsing Tag
South Korea
199 posts
FBI, NY authorities probes collapse of TerraUSD stablecoin: Report
The controversial founder of Terraform Labs, Do Kwon, is at the center of the investigation, despite being believed…
South Korea’s Kimchi premium turns to discount
The “Kimchi premium” has flipped to discount again, and that could be saying something about crypto market sentiment,…
Terra lawsuit a ‘roadmap’ to attack other stablecoins: Delphi Labs
Delphi Lab’s general counsel said the SEC was being “more thorough than usual” in its lawsuit against Terraform…
South Korean court freezes $92M in assets related to Terra tokens
The CEO of Terraform Labs’ affiliate firm Kernel Labs reportedly held the largest amount in illegal proceeds from…
South Korea issues arrest warrant for Do Kwon’s former colleagues
Arrest warrants were sought for Terraform Labs co-founder Daniel Shin, three investors and four engineers responsible for TerraUSD…
South Korean ministry recommends enactment of special Metaverse laws
The MSIT identified that imposing older regulations serve as a deterrent to the growth of new ecosystems.
Elon Musk-crypto video played on S. Korean govt’s hacked YouTube channel
The hacked YouTube account was restored within four hours following a proactive intervention from the South Korean government,…
Major South Korean crypto exchanges delist Litecoin
Crypto regulations in South Korea require exchanges to enforce strict KYC and AML guidelines and major crypto exchanges…
Upbit operator eyes ambitious Web 3 growth with 10,000 jobs
South Korean fintech giant Dunamu, the firm behind cryptocurrency exchange Upbit, has announced an ambitious plan that could…