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On Thursday, Nov. 3, 2022, local reports from South Korea disclosed that Korean prosecutors have allegedly discovered evidence that shows Do Kwon and an associate manipulated the price of LUNA, Terra’s native crypto token. The report further says South Korean prosecutors believe Kwon is hiding out in Europe. Local Report Claims South Korean Prosecutors Have … Read more
The legislation, separate from the upcoming Digital Asset Basic Act, may came into force already in 2023. Go to Source Powered by WPeMatico
From El Salvador and Lugano’s collaboration to yet another lawsuit against Do Kwon, this is what the last week in regulation looked like. Go to Source Powered by WPeMatico
The South Korean regulator noted that popular stablecoins used by the public might become a primary tool for laundering using digital assets. Go to Source Powered by WPeMatico
In his decision to dismiss the warrant, the judge reportedly considered that Yoo Mo had a residence and family ties in South Korea and was already barred from leaving the country. Go to Source Powered by WPeMatico
Do Kwon who has an Interpol notice and an arrest warrant against his name has not been cooperative with the investigation agencies. Go to Source Powered by WPeMatico
The head of the business team of Terraform Labs was a part of Do Kwon’s inner circle. Go to Source Powered by WPeMatico
Terra’s co-founder continues his adventures, writing code in his living room, posting on Twitter and hiding from Interpol all at once. Go to Source Powered by WPeMatico
Following the Bank of England explaining that it would be meddling in U.K. bond markets and the Bank of Japan defending the yen in the foreign exchange market last week, the Hong Kong Monetary Authority (HKMA) revealed it intervened in forex markets on Wednesday. Hong Kong’s central bank detailed that it interfered in forex markets … Read more
A spokesperson for the company behind Terra said it believes prosecutors heeled to public pressure and expanded the definition of a security after its associated cryptocurrencies collapsed. Go to Source Powered by WPeMatico
