Cryptocoins News / EthereumWorldNews - 1 year ago
Summary: Terraform Labs founder Do Kwon retained a South Korean law firm shortly before his crypto company collapsed in May.Kwon paid local firm Kim & Chang $9 billion won ($7 million) leading up to Terra’s astronomical crash, Bloomberg and...
Cryptocoins News / Finance Magnates - 1 year ago
South Korea's cryptocurrency industry is bracing for an impending shakeup as policymakers set their sights on regulation. The government's primary objective is to safeguard investors by stamping out any fraudulent activities that may be l...
Cryptocoins News / Blockchain - 1 year ago
Yuga Labs' ERC-20 token ApeCoin (APE) experienced a brief surge in price on the South Korean cryptocurrency exchange Upbit, with prices reaching $90.00 per token before a sell-off reduced most of the gains. The spike was attributed to retail frenzy a...
Cryptocoins News / The Cointelegraph - 1 year ago
The APE/BTC trading pair reached an all-time high of around $90 apiece on the exchange. On April 12, Yuga Labs' ERC-20 token ApeCoin (APE) briefly surged to $90.00 fr...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary: A number of staff at South Korean crypto exchange Coinone were arrested for violating criminal acts and breaching trust.The arrest followed investigations into unlawful token listings at the digital asset trading venue.At least one high...
Cryptocoins News / The Cointelegraph - 1 year ago
The exchange said that all deposits and withdrawals are temporarily suspended as it performs emergency server maintenance. South Korean crypto exchange GDAC has been...
Cryptocoins News / CoinJournal - 1 year ago
South Korean exchange GDAC reported the hack early Monday. The exchange said the hackers stole nearly 61 BTC, 350.5 ETH, 10 million WEMIX tokens and 220,000 USDT. On-chain data shows the hacker has swapped USDT for ETH and sent 461 ETH to a crypto m...
Bitcoin News / Google News Bitcoin - 1 year ago
Hackers Rob South Korean Exchange of $13M in Bitcoin, Ethereum, Other Assets& & Decrypt
by COINS NEWS - 1 year ago
submitted by /u/Dongerated [link] [comments]
Bitcoin News / Google News Bitcoin - 1 year ago
Do Kwon Converted All Assets in South Korea to Bitcoin (BTC) Shortly Before Arrest: Report& & The Daily Hodl
Bitcoin News / Google News Bitcoin - 1 year ago
Do Kwon Merged His Funds into Bitcoin, South Korean Prosecutors& & The Coin Republic
Cryptocoins News / Blockchain - 1 year ago
South Korean prosecutors have identified $314.2 million in illicit assets linked to Do Kwon and Terraform Labs. Kwon reportedly converted most of the funds into Bitcoin using overseas exchanges, making it difficult for the authorities to recover the...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary: South Korean prosecutors say they have not located any domestic property or assets owned by the founder of failed Terra ecosystem, Do Kwon.Governments from South Korea and the United States contacted Montenegrin authorities regarding ex...
More / Bitcoin Reddit - 1 year ago
https://preview.redd.it/gsa1idosthsa1.png?width=736&format=png&auto=webp&s=d9a8806bef0fcfe3363bd4bc85f88d8ca8df9120 submitted by /u/escodelrio [link] [comments]
Bitcoin News / Bitcoin.com - 1 year ago
According to a report by South Korean news publication KBS, Do Kwon, the co-founder of Terraform Labs, has converted a “large part” of his assets into bitcoin. Prosecutors in South Korea believe that Kwon’s purported bitcoin stash w...
by COINS NEWS - 1 year ago
submitted by /u/Dongerated [link] [comments]
by COINS NEWS - 1 year ago
submitted by /u/Dongerated [link] [comments]
Cryptocoins News / The Cointelegraph - 1 year ago
Prosecutors reportedly took control of houses and properties in an attempt to prevent former Terra employees from disposing of assets potentially connected to criminal proceedings....
Cryptocoins News / Blockchain - 1 year ago
A South Korean court denied a request for an arrest warrant for Terraform Labs co-founder, Shin Hyun-Seong, citing unconfirmed allegations and the unlikelihood of Shin being a flight risk. Shin currently faces multiple fraud charges and is accused of...
Bitcoin News / Bitcoin.com - 1 year ago
A court in South Korea has again denied the arrest warrant for Daniel Shin, a co-founder of Terraform Labs who is being investigated for fraud. Shin has been accused of illegally profiting from the sale of over $100 million worth of the luna cryptocu...
Bitcoin News / Bitcoin.com - 1 year ago
After several failed attempts in the past, the South Korean National Assembly is now expected to pass its digital asset market regulation in April, a report has said. Kim Hee-gon, a member of the Political Affairs Committee’s first subcommittee, said...
Cryptocoins News / EthereumWorldNews - 1 year ago
The United States and South Korea have both requested the extradition of Do Kwon.& Montenegro’s Justice Minister revealed the extradition requests for the Terra founder in a press conference earlier today.& Minister Kovac clarified that the...
Cryptocoins News / The Cointelegraph - 1 year ago
Do Kwon may have to serve time in Montenegro if convicted of charges related to forged identification documents before any extradition to the U.S. or South Korea is granted....
Bitcoin News / Bitcoin.com - 1 year ago
According to a report published by AFP, Do Kwon, CEO of Terraform Labs, has been charged with document forgery in Montenegro. Kwon was arrested at the Podgorica airport while traveling with fake documentation. South Korean prosecutors have said the T...
by COINS NEWS - 1 year ago
submitted by /u/TheGreatCryptopo [link] [comments]
