South Korean Crypto Exchanges Upbit and Bithumb Face Probe Amid Political Scandal
South Korean prosecutors searched the offices of two crypto exchanges as part of their inquiries into the legislator Kim Nam-kuk's digital assets.
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Latest firstSamsung Explores Offline Payments with South Korea’s CBDC
Samsung and the Bank of Korea will work together to make it possible to use Galaxy watches and smartphones to make offline CBDC payments.
South Korean Authorities Indict Terra Co-Founder Shin and Nine Others
Officials in South Korea froze assets linked to Shin and nine other indictees worth ($184.7 million).
South Korean Court Rules LUNA Token Not a Security
The court stated that it is difficult to view Luna Coin as a financial investment product regulated by the Capital Markets Act.
Do Kwon anticipated Terra Collapse, paid law firm $7 Mln right before crash: Report
Reportedly, Kim & Chang's lawyers also visited Montenegro to meet with Kwon and Terraform’s former chief financial officer, Han Chang-joon.
Legal Action Against Do Kwon: South Korean Prosecutors Aim To Freeze $5.3m
South Korean prosecutors are attempting to obtain a court order to freeze Do Kwon's national assets, valued at $5.3 million.
South Korean Exchange Gdac loses $13M in a hack
Key Takeaways: A security compromise at the South Korean cryptocurrency exchange GDAC resulted in the loss of about $13 million in digital assets from its hot wallet, according to the firm’s announcement. A third-party wallet received unauthorised transfers of 10…
Terraform’s Do Kwon has no identifiable assets in South Korea, prosecutors state
Do Kwon allegedly converted his illicit funds into Bitcoin through an overseas crypto asset exchange, making it impossible for South Korean authorities to recover or freeze his property
South Korean Prosecutors Make Massive $160M Seizure of Terraform Assets
Authorities seized Kim Mo assets, a former Terra Vice President. They want to ensure that the properties are considered in potential criminal proceedings.
South Korea Plans To Pass Digital Asset Bills In April: Report
After several unsuccessful attempts, the South Korean National Assembly is now anticipated to approve its regulation of the digital asset market in April, according to a report.