South Korea Seeks to Freeze North’s Crypto Assets Under New Law
The authorities in Seoul intends to submit new laws tailor-made to facilitate the monitoring and freezing of crypto used to fund the weapons packages of...
Seoul Prosecutors Believe Terra Co-Founder Do Kwon Still in Possession of $100 Million Held in Swiss Bank Account
In the wake of the latest authorized motion towards ten associates of Terraform Labs, which included the co-founder Shin Hyun-seong, identified to many as Daniel...
South Korean Prosecutors Uncover Alleged $314 Million Criminal Proceeds Tied to Terraform Labs Co-Founders
According to a report by South Korean information publication KBS, Do Kwon, the co-founder of Terraform Labs, has transformed a “large part” of his belongings...
Following APT’s 400% Rise Since Late December, Aptos Drops 20% From All-Time High
On Jan. 26, 2023, the cryptocurrency asset aptos (APT) reached an all-time excessive after which misplaced 20% of its worth over the subsequent 5 days....
Report: Terra Founder Do Kwon’s Spouse Seeks Police Protection After the LUNA and UST Fallout
Following the aftermath of the Terra blockchain tokens LUNA and UST dropping important worth, studies point out that the Terraform Labs founder Do Kwon’s residence...
Korean Government Confiscates $47 Million in Crypto From Tax Evaders
South Korean authorities have identified thousands of tax evaders as part of an intensifying crackdown on tax dodging among crypto investors. Following a prolonged investigation,...
Korean Exchanges Delist High-risk Coins as They Face Tough Regulations
Crypto trading platforms in South Korea are delisting certain digital currencies as they move to comply with stricter rules for the industry. The trading of...
South Korean Financial Supervisory Service Tasked With Crypto Market Oversight
The Financial Supervisory Service of South Korea will lead government efforts to oversee the country’s expanding cryptocurrency market. The agency has been tasked with the...