News about KOREAN

News about Korean

Do Kwon to be prosecuted by South Korean government as he dissolved the Terra Labs Korea days before the depeg

submitted by /u/CyberPunkMetalHead [link] [comments]

South Korean Regulators Introduce New Frameworks To Protect Cryptocurrency Investors

Some jurisdictions are recently putting up regulatory measures to curb cryptocurrency asset investment challenges. Among the many countries on this move is South Korea. The government is making a few recommendations that will serve as protection for...

South Korean watchdog reportedly fines Terraform Labs $78M for tax evasion

submitted by /u/pedi1370 [link] [comments]

South Korean Politician Demands Parliament To Investigate TerraUSD’s Collapse

The “People Power Party” representative, a South Korean politician Yoon Chang-Hyeon called a parliamentary hearing on TerraUSD (UST) due to its sudden collapse last week. According to a report from South Korean Newschannel “Newspim&...

South Korean law firm LKB will reportedly file a court application to seize the property of Terraform CEO Do Kwon.

submitted by /u/Derezal [link] [comments]

Major Korean law firm decides to sue Do Kwon after UST collapse

submitted by /u/Far-Scholar9028 [link] [comments]

South Korean legislature considering new licensing system for crypto

A report commissioned by South Korea’s federal government recommends the domestic crypto industry adopt a licensing system for exchanges and token issuers as a way of protecting investors.The report issued by the Financial Services Commission (FSC) t...

South Korean politician calls for hearing on Terra crisis

submitted by /u/Aggravating-Hand-207 [link] [comments]

North Korean devs pose as US freelancers and aid DRPK govt hackers

submitted by /u/DrinkMoreCodeMore [link] [comments]

South Korean Legislator Calls for Do Kwon to Appear before National Assembly

submitted by /u/Brother-Numsee [link] [comments]

US agencies warn against the influx of North Koreans in IT and crypto jobs online

The United States Department of Justice, State and the Treasury issued a joint advisery warning against the influx of North Korean workers in various freelance tech jobs, especially in the crypto industryThe public advisory was released on Friday, hi...

South Korean politician calls for Do Kwon to attend hearing on TerraUSD's collapse.

submitted by /u/milonuttigrain [link] [comments]

Korean newspaper reports that Do Kwon requested police protection when someone rang his doorbell

https://twitter.com/DooWanNam/status/1524915757938667521 The source article is in Korean, but here's the Google translation https://news-mt-co-kr.translate.goog/mtview.php?no=2022051308574726920&MT_T&_x_tr_sl=auto&_x_tr_tl=en&_x_t...

As Korean, I feel sorry for all of you

Greetings, I am posting this thread as I felt like everyone should be alerted. I have no position regarding UST or Luna, just so you know. Terra's HQ locates in Singapore but could simply be a paper company, right? I am certainly not that familia...

Report: Two South Koreans Paid in Bitcoin to Spy for North Korea

South Korean law enforcement recently announced the arrest of a serving military captain and an operator of a cryptocurrency exchange on charges of spying for a North Korean hacker. In return for the acts of espionage, the two South Korean individual...

More North Korean-linked ETH Wallets are being sanctioned by the US Treasury after the $600 million Ronin hack.

US authorities are enforcing a broader set of penalties against putative North Korean cryptocurrency wallets. On Friday, three Ethereum domains were basically introduced to the Treasury Department's Office of Foreign Asset Control or OFAC sanctio...

Two more charged with teaching North Koreans to evade US sanctions with crypto

A United States district court has charged two European citizens in connection to a blockchain and cryptocurrency conference in North Korea which violated U.S. sanctions back in 2019. According to the U.S. Department of Justice, the court documents a...

South Korean Music Sharing Platform Registers NFT Music Theft Prevention Patent

A South Korean music sharing platform, Koong World, recently announced the registration of a non-fungible token (NFT)-based music theft prevention patent. Using this patent, the music sharing platform aims to “solve the problem of copyrigh...

U.S. Charges 2 Europeans Over North Korean Crypto Conspiracy

Two individuals are charged in a federal indictment declassified Tuesday in the Southern District of New York with colluding to contravene US sanctions against North Korea by illegally providing crypto and blockchain technology services to the commun...

US Treasury’s OFAC Adds 3 ETH Addresses Linked to North Korean Cybercrime Group to SDN List

The Office of Foreign Asset Control (OFAC) has added three ethereum addresses to its Specially Designated Nationals And Blocked Persons List (SDN). OFAC alleges the ether addresses are controlled by the Lazarus Group, a cybercrime group that is assoc...

Binance CEO says the crypto exchange seized $5.8 million from a North Korean network behind a recent $620 million Axie Infinity hack

submitted by /u/Breaking_Crypt [link] [comments]

U.S. Sanctions More North Korean ETH Addresses Over $600M Ronin Hack

The U.S. Department of the Treasury last week connected North Korean hacking organization Lazarus to an ETH wallet used in last month’s $622 million Ronin Network hack, a sidechain established for the play-to-earn game Axie Infinity. Now, the T...

Samsung Throws In $25 Million In South Korean Metaverse Startup DoubleMe

From having their own Metaverse store coined as Samsung 837X in January 2022, Samsung now throws in $25 million in DoubleMe, a metaverse startup based in South Korea. Some of the big companies in South Korea with the likes of Coentry Investment and...

So.. Binance just admitted the exchange has 86 North Korean entities KYC registered on their exchange.

For anyone that read the recent news binance recovers $5.8m linked to axie infinity hack it says Binance has 86 "North Korean" KYC registered (in theory right?, because we the mortals have to do KYC on binance) entities who received the $5....

Danger In The Crypto Space, U.S. Warn Of Surge In Attacks By North Korean Sponsored Hackers

Several U.S. federal agencies issued a joint warning about an increase in crypto-related hackings. Posted as an alert by the Cybersecurity and Infrastructure Security Agency (CISA), the Federal Bureau of Investigation (FBI), and the Treasury Departme...

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