Cryptocoins News / The Cointelegraph - 2 years ago
Initial investigations revealed that all crypto exchanges performed lawful operations across South Korea. However, Flata Exchange is suspected of listing its in-house token, FLAT, in Janu...
by COINS NEWS - 2 years ago
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Bitcoin News / Bitcoin.com - 2 years ago
South Korea’s prosecutors have reportedly obtained a court order to freeze assets worth about $104 million belonging to Terraform Labs co-founder Daniel Shin. The authorities allege that he unfairly profited from selling cryptocurrency LUNA at...
Cryptocoins News / Blockchain - 2 years ago
Korean Financial Intelligence Unit (KoFIU) launched a probe into crypto exchanges in relation to listing their in-house, self-issued tokens. While Korean crypto exchanges are barred from issuing native tokens, KoFIU's probe into the same is to ensure...
Cryptocoins News / The Cointelegraph - 2 years ago
The decision to freeze Shin’s asset worth over $104 million was approved by the Seoul Southern District Court, which was based on a request from the prosecutors. While...
Cryptocoins News / Blockchain - 2 years ago
South Korean authorities froze approximately $104.4 million (140 billion won) from co-founder Shin Hyun-seong based on suspicion of unfair profits. The decision to freeze Shin's asset worth over $104 million was approved by the Seoul Southern Distric...
Cryptocoins News / The Cointelegraph - 2 years ago
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...
Cryptocoins News / The Cointelegraph - 2 years ago
The CEO of NFT marketplace Magic Eden said NFT creators “need a sustained revenue model,” and with “no way” of currently enforcing royalties, a “new asset class” could emerge to enforce t...
Bitcoin News / Bitcoinist - 2 years ago
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...
Cryptocoins News / The Cointelegraph - 2 years ago
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...
Bitcoin News / Google News Bitcoin - 2 years ago
Report: South Korean Prosecutors Accuse Do Kwon of Manipulating LUNA's Market Price – Bitcoin News& & Bitcoin News
Bitcoin News / Bitcoin.com - 2 years ago
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...
Cryptocoins News / Blockchain - 2 years ago
South Korean legislature is mulling plans to tighten its grip on crypto fraud practices (Read More)
Bitcoin News / Bitcoinist - 2 years ago
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...
Cryptocoins News / The Cointelegraph - 2 years ago
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...
Bitcoin News / Bitcoinist - 2 years ago
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...
by COINS NEWS - 2 years ago
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by COINS NEWS - 2 years ago
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Bitcoin News / Bitcoin.com - 2 years ago
South Korean prosecutors investigating a $7.22 billion money laundering case are reportedly seeking to acquire virtual currency tracking software to be used in monitoring crypto transactions. South Korean financial authorities also believe there is a...
Cryptocoins News / Blockchain - 2 years ago
South Korea plans to provide citizens' digital identities encrypted by blockchain with smartphones in 2024 to facilitate its economic development. (Read More)
by COINS NEWS - 2 years ago
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by COINS NEWS - 2 years ago
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by COINS NEWS - 2 years ago
South Korean authorities have issued an order that Do Kwon must return to the country within 14 days, or his passport will be revoked. Earlier this week, the South Korea authorities frozen 67mn worth of Do Kwon's alleged funds held on excha...
Cryptocoins Exchanges / Binance - 2 years ago
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Cryptocoins News / Blockchain - 2 years ago
South Korean prosecutors in charge of the Terraform Labs case have arrested a major employee of the embattled blockchain startup named ‘Yoo’. (Read More)
