Report: Korean authorities orders freeze of $67M of Bitcoin tied to Do Kwon
The latest discovery in the long-drawn Terra ecosystem saga contradicts many of Do Kwon’s early claims. Go to Source Powered by WPeMatico
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Terra co-founder Do Kwon says he’s ‘making zero effort to hide’ following Interpol notice
Do Kwon told his more than one million Twitter followers that he had not seen his name on Interpol’s Red Notice list, but not all names are made available to the public. Go to Source Powered by WPeMatico
Breaking: Interpol ‘Red Notice’ issued for Do Kwon — South Korea prosecutors
The Terraform Labs co-founder faces charges in South Korea relating to the crash of the Terra ecosystems’ cryptocurrencies. Go to Source Powered by WPeMatico
South Korea Seizes $184 Million in Crypto Assets From Alleged Tax Dodgers, Reports Reveal
The government in South Korea has seized cryptocurrency worth around $184 million in two years due to tax arrears, according to local media. The authorities in Seoul started confiscating virtual assets from people accused of tax evasion in 2021. Almost 260 Billion Won in Crypto Seized for Tax Evasion in South Korea The amount of … Read more
Korean crypto bank partners with Blockdaemon to offer retail staking services
In January, Delio was granted Virtual Asset Service Providers (VASP) approval by the Korean Financial Intelligence Unit. Go to Source Powered by WPeMatico
South Korean gov has confiscated 260B KWR in crypto for non-payment of taxes since 2021
The country began seizing crypto to offset tax arrears last year. Go to Source Powered by WPeMatico
South Korean ministry recommends enactment of special Metaverse laws
The MSIT identified that imposing older regulations serve as a deterrent to the growth of new ecosystems. Go to Source Powered by WPeMatico
South Korea’s Ministry of Foreign Affairs Plans to Revoke Do Kwon’s Passport: Report
According to local reports stemming from South Korea, the country’s foreign ministry is looking to invalidate the co-founder of Terraform Labs Do Kwon’s passport. The story was published the day after it was reported that Seoul’s Southern District Prosecutors Office issued a warrant for Kwon’s arrest. Local Report Says South Korean Officials Are Targeting Do … Read more
South Korean prosecutors apply to revoke Do Kwon and other Terra employees’ passports
Singapore, where Terra co-founder Do Kwon is currently staying, does not have an extradition treaty with South Korea. Go to Source Powered by WPeMatico
Busan signs MoU with Huobi, gets more help for local crypto exchange
Huobi Global is the third major cryptocurrency exchange to pen a blockchain ecosystem development agreement with the South Korean city. Go to Source Powered by WPeMatico
