News about KOREAN

News about Korean

Korean Prosecutors Seek Arrest of Terra Co-Founder Over $105M LUNA Sale

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WEMIX Delisting: South Korean Crypto Exchange Upbit Accused of Instigating Token Removal

According to the CEO of Wemade, Henry Chang, the South Korean cryptocurrency exchange Upbit was the brains behind the Digital Asset Exchange Joint Consultative Body (DAXA)’s decision to delist WEMIX. The Wemade CEO accused Upbit of applying dif...

South Korean Man Who Bought Drugs with Bitcoin Given Jail Sentence - Cryptonews

South Korean Man Who Bought Drugs with Bitcoin Given Jail Sentence& & Cryptonews

South Korean Crypto Exchanges Delist WEMIX — Token Price Plunges by Nearly 70%

The Digital Asset Exchange Joint Consultative Body (DAXA), the South Korean association of crypto exchanges, announced on Nov. 24 that the WEMIX token would be delisted. In justifying the decision to delist WEMIX, the association claimed the informat...

WEMIX token plunges 70% after it's delisted by Korean exchanges

DAXA claimed that the circulating number of WEMIX exceeds what has been disclosed by Wemix, much to the chagrin of the issuers. South Korea’s largest crypto exchanges...

$104,000,000 Seized From Terra (LUNA) Co-Founder by South Korean Authorities

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Terra cofounder Daniel Shin’s Chai Corp. raided by S.Korean authorities

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South Korean prosecutors call on Terra co-founder Shin Hyun-seong to cooperate: Report

Authorities reportedly alleged Shin Hyun-seong earned roughly $105 million in profits from illegal sales of LUNA tokens before Terra’s collapse. Authorities in South K...

U.S. Refines Imposed Sanctions On Tornado Cash To Tackle North Korean Hackers

Previously sanctioned Tornado Cash, an Ethereum-based crypto mixer that provides its community with identity secrecy in digital transactions via its open-source software is up again on the news cycle. The clash between regulators and the crypto spher...

Do Kwon Ordered A Staff To ‘Doctor’ LUNA’s Price, South Korean Prosecutors Claim

Do Kwon, the co-founder and Chief Executive Officer (CEO) of Terraform Labs, is now in hotter water following a crucial discovery made by South Korean prosecutors that could undermine his claims of innocence and non-involvement in the colossal implos...

South Korean prosecutors accuse Do Kwon of manipulating Terra's price

Prosecutors have reportedly secured a “messenger conversation” in which Kwon ordered an employee to manipulate Terra’s market price. A local report from South Korea cl...

Report: South Korean Prosecutors Accuse Do Kwon of Manipulating LUNA's Market Price – Bitcoin News - Bitcoin News

Report: South Korean Prosecutors Accuse Do Kwon of Manipulating LUNA's Market Price – Bitcoin News& & Bitcoin News

Report: South Korean Prosecutors Accuse Do Kwon of Manipulating LUNA’s Market Price

On Thursday, Nov. 3, 2022, local reports from South Korea disclosed that Korean prosecutors have allegedly discovered evidence that shows Do Kwon and an associate manipulated the price of LUNA, Terra’s native crypto token. The report further says Sou...

The crypto market bottom is ‘almost in’ — Market Talks chats with trader Korean Jew Crypto

Market Talks discussed the Bitcoin bottom, DOGE’s price action and signs to follow in order to know when it’s time to ape into crypto. On this week’s episode of Market...

Korean authorities reportedly have proof of Kwon's LUNA price manipulations

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Korean prosecutors have obtained a private conversation between Do Kwon and an employee where he gives orders to manipulate LUNA's market price.

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South Korean Regulators to Harden Punishments for Crypto Fraud Practices

South Korean legislature is mulling plans to tighten its grip on crypto fraud practices (Read More)

South Korean Watchdog Set To Tighten Crypto Scam Punishment

Crypto regulations are becoming necessary due to the increasing fraud in the industry. However, the growth in innovative technologies has also brought many disadvantages to the crypto space. Several crypto-project crimes are completed through technol...

South Korean regulators aim to toughen crypto fraud punishments

The legislation, separate from the upcoming Digital Asset Basic Act, may came into force already in 2023. In the aftermath of the Terra collapse last spring, South Ko...

South Korean Regulator To Prevent Money Laundering Attempts Through Crypto

Over the years, the crypto industry has witnessed increasing crimes using crypto assets. This is because transactions with virtual assets require no interference from third parties, making it easy for criminals to succeed. However, more attention is...

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