South Koreans Report Over $98 Billion in Overseas Crypto Assets
South Korean tax payers have declared some 131 trillion gained (greater than $98 billion) of crypto holdings in abroad accounts this yr. The quantity was...
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...
Do Kwon Moved $29 Million Worth of Coins Since Arrest, Prosecutor Says
Founder of Terraform Labs, Do Kwon, has withdrawn tens of millions of {dollars} in crypto from an entity linked to his failed blockchain agency, investigators...
Korean Crypto Exchanges Upbit, Bithumb Raided Over Lawmaker’s Crypto Dealings
South Korean prosecutors have raided two of the nation’s largest coin buying and selling platforms inside an investigation into the crypto investments of a politician....
South Korean Politician Quits Party Over Crypto Scandal
A member of the South Korean parliament is leaving his social gathering amid mounting allegations of large crypto investments inconsistent along with his frugal public...
Do Kwon’s Terraform Sent $7 Million to Law Firm Before Collapse, Report Unveils
Prosecutors investigating failed blockchain agency Terraform Labs have discovered that its Singapore workplace despatched tens of millions of U.S. {dollars} to attorneys simply earlier than...
South Korean Court Denies Arrest Warrant for Terraform Co-Founder Daniel Shin
A courtroom in South Korea has once more denied the arrest warrant for Daniel Shin, a co-founder of Terraform Labs who’s being investigated for fraud....
Report: DOJ and FBI Investigating Terraform Labs in Connection to Algorithmic Stablecoin Collapse
The Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI) are reportedly investigating the collapse of the algorithmic stablecoin terra usd (UST) and...
Seoul Sanctions North Korea Over Crypto Theft
South Korea has imposed sanctions on the North in relation to quite a lot of cyberattacks usually ensuing within the theft of cryptocurrency. The authorities...
North Korea Stole Record Amount of Crypto Assets in 2022, UN Report Unveils
The regime in North Korea has managed to steal extra cryptocurrency final 12 months than in earlier years, based on a draft U.N. report. Despite...