South Korean crypto lending firm Delio under investigation by regulators
The firm allegedly denied having any exposure to troubled sister lending firm Haru Invest before suspending transfers earlier this month. Go to Source Powered by WPeMatico
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South Korea passes cryptocurrency bill to tackle unfair trading
South Korea’s crypto bill aims to establish a basis for imposing penalties and liability for damages caused by unfair cryptocurrency trading. Go to Source Powered by WPeMatico
Do Kwon gets 4 months in prison in Montenegro on fake passport charges
Terraform Labs founder sentenced to four months in jail after being found guilty of using a false Costa Rican passport. Go to Source Powered by WPeMatico
SEC argues against Dentons’ motion to dismiss Terraform and Do Kwon’s lawsuit
Terraform and Do Kwon lawyers used a U.S. House hearing, Binance.US complaint and Hinman emails documents to dismiss the SEC lawsuit. Go to Source Powered by WPeMatico
Do Kwon heading into extradition custody in Montenegro after receiving bail: Report
The Terra Labs co-founder will be held for up to six months while the Montenegrin court considers South Korea’s extradition request. Go to Source Powered by WPeMatico
Haru Invest files criminal complaint against consignment operator
The South Korean yield platform said it has filed a criminal complaint against B&S Holdings and plans to initiate civil proceedings as well. Go to Source Powered by WPeMatico
South Korean Bitcoin lending platform Delio pauses withdrawals
The virtual asset manager and lending platform suspended withdrawals following challenges at Haru Invest, a similar entity. Go to Source Powered by WPeMatico
Crypto yield platform Haru suspends transfers after investigation
The firm previously stated it had an issue with one of its service partners. Go to Source Powered by WPeMatico
OpenAI CEO highlights South Korean chips sector for AI growth, willing to invest
Altman confirmed ongoing discussions with chipmaking companies like Samsung Electronics and expressed his willingness to further engage in the dialogue. Go to Source Powered by WPeMatico
Do Kwon could serve prison in both US and South Korea, prosecutor says
South Korean senior prosecutor Dan Sunghan says Kwon’s extradition to South Korea makes better sense, but suggested Kwon could also serve time in the US too. Go to Source Powered by WPeMatico
