South Korean Woman Arrested for Stealing $480,000 in Crypto
In a dramatic turn of events, a South Korean woman, whose identity has been concealed due to ongoing investigations, was arrested for allegedly stealing a...
Search Results for: south korea
South Korea to Let Companies Invest in Crypto: A Game-Changer for the Industry
South Korea’s Financial Services Commission (FSC) plans to allow corporations to invest in virtual assets using real-name accounts, starting with non-profits. The move builds on...
BlockDAG and BVB Split Over MiCA 2 Rules; South Korea’s Turmoil Shakes Bitcoin, While Cardano Eyes Price Recovery
Regulatory shifts and political factors are increasingly affecting the stability of the cryptocurrency market. Recent news about Bitcoin has once again placed it at the...
South Korean Financial Regulator Implements Crypto Holding Declaration
South Korea’s financial regulator addresses insider trading concerns after the “Coin Gate” scandal, implementing stricter rules for FSC staff and inspiring potential global adoption. Highlighting...
Embracing the FLOKI Wave: A Strategic Move by Bithumb, South Korea’s Premier Cryptocurrency Exchange
Bithumb, a frontrunner in South Korea’s vibrant cryptocurrency milieu, has ushered in an era of FLOKI, an increasingly popular rival to the renowned meme-themed cryptocurrency,...
Hackers Steal $13 Million Worth of Cryptocurrencies from South Korean Exchange GDAC
On April 9th, South Korean cryptocurrency exchange GDAC suffered a massive hack, losing approximately $13 million across various cryptocurrencies. The hackers targeted the exchange’s hot...
Arrest Warrant for Terra Co-Founder Shin Dismissed by South Korean Court
A South Korean court has dismissed the arrest warrant of Terraform Labs co-founder Shin Hyun-seung (Daniel Shin) for the second time. The warrant was filed...
South Korea Seeks Extradition of Terraform Founder Do Kwon
South Korea is seeking the extradition of crypto entrepreneur Do Kwon, founder of Terraform, after he was arrested in Montenegro on charges of fraud by...
South Korea Takes Tough Stance on Crypto Regulation
The South Korean Ministry of Justice has placed the establishment of a Virtual Currency Tracking System high on its priority list for 2023. This system...
South Korea to Launch Crypto Monitoring Tools
South Korea’s Financial Supervisory Service (FSS) is committed to safeguarding the crypto-space, Governor Lee Bok-Hyun revealed at a conference Monday. He announced plans to create...