Cryptocoins News / The Cointelegraph - 2 years ago
The latest court action now takes the number of V Global execs behind bars up to seven, as the CEO was previously sentenced to a 22-year prison term. Six executives in...
Cryptocoins News / Blockchain - 2 years ago
Six V Global crypto-exchange scam executives received eight-year jail sentences in South Korea. V Global reportedly duped 50,000 investors of $1.5 billion (2 trillion won) in a Ponzi-like scheme. Three executives have not been jailed since they claim...
by COINS NEWS - 2 years ago
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by COINS NEWS - 2 years ago
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Bitcoin News / Bitcoinist - 2 years ago
South Korea’s crypto-crazed city, Busan, announced its steering committee for building its flagship digital asset exchange. However, in a surprising turn of events, it has dropped third-party crypto exchanges that had earlier partnered with the...
by COINS NEWS - 2 years ago
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by COINS NEWS - 2 years ago
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Cryptocoins News / The Cointelegraph - 2 years ago
The CEO of Terraform Labs’ affiliate firm Kernel Labs reportedly held the largest amount in illegal proceeds from Terra. More than six months after the collapse of the...
Bitcoin News / Bitcoinist - 2 years ago
The hunt for Terra founder Do Kwon has been ongoing for months now since the network collapsed. South Korean authorities continue their search and have already gone as far as invalidating Kwon’s passport but he continues to be elusive. This time arou...
by COINS NEWS - 2 years ago
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Cryptocoins News / The Cointelegraph - 2 years ago
Many years ago, it was AI. Now, its metaverse, he says. From the governments perspective, […] as long as you dont have a coin itself, theyre willing to support a lot...
Cryptocoins News / The Cointelegraph - 2 years ago
Microsoft-backed video game developer Wemade plans to further continue the legal battle against South Korea's largest crypto exchanges. A court in South Korea has sup...
Cryptocoins News / The Cointelegraph - 2 years ago
Judge Hong Jin-Pyo reportedly said there was little risk of Shin Hyun-seong or other Terra associates destroying evidence related to the case against the platform. A j...
by COINS NEWS - 2 years ago
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Cryptocoins News / The Cointelegraph - 2 years ago
Arrest warrants were sought for Terraform Labs co-founder Daniel Shin, three investors and four engineers responsible for TerraUSD (UST) and LUNA initiatives. Amid the...
Cryptocoins News / The Cointelegraph - 2 years ago
Maybe its the language barrier, or the walls authorities have set up to prevent money from leaving the country. But whatever it is, South Korea has built its own uniq...
Bitcoin News / Bitcoin.com - 2 years ago
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...
Bitcoin News / Google News Bitcoin - 2 years ago
South Korean Man Who Bought Drugs with Bitcoin Given Jail Sentence& & Cryptonews
Bitcoin News / Bitcoin.com - 2 years ago
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...
Cryptocoins News / CoinJournal - 2 years ago
South Korea’s largest crypto exchanges have stated that the WEMIX tokens in circulation supply exceed what Wemix had disclosed. Key Takeaways South Korea’s largest crypto exchanges non-November 24 said they would terminate contract suppo...
Bitcoin News / Bitcoinist - 2 years ago
South Korean politician of the People Power Party, Yoon Chang-hyun, proposed amendments to the digital asset safe transaction bill as he believes the existing bill does not guarantee user protection given the recent FTX collapse. Yoon Change-hyun pro...
by COINS NEWS - 2 years ago
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Bitcoin News / Bitcoin.com - 2 years ago
A new analysis shows that the countries most impacted by the collapse of cryptocurrency exchange FTX are South Korea, Singapore, and Japan. Moreover, Russia, Germany, Turkey, Taiwan, India, Egypt, and Brazil also made the top 10 list of countries mo...
Bitcoin News / Bitcoinist - 2 years ago
The FTX collapse might prove to be the biggest disaster in the history of cryptocurrency. Since the news of the exchange’s insolvency issue, a lot has happened in the industry. The fallout spread like wildfire across the crypto space, causing a...
by COINS NEWS - 2 years ago
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