South Korea

South Korean authorities nab former Coinone staff over bribery allegation
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25 March, 2023

South Korean authorities nab former Coinone staff over bribery allegation

The arrest of a former Coinone worker suspected of accepting bribes sparks a wide-scale investigation of leading digital currency exchanges...
Terra founder Do Kwon arrested in Montenegro
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24 March, 2023

Terra founder Do Kwon arrested in Montenegro

Do Kwon was arrested boarding a flight to Dubai with a second suspect, with forged Belgian and Costa Rican passports;...
Bithumb executives under probe in South Korea over alleged token listing bribery
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21 March, 2023

Bithumb executives under probe in South Korea over alleged token listing bribery

The investigations follow a police raid on Bithumb CEO Lee Sang-jun's private residence and Bithumb's office complex in search of...
South Korean prosecutors pulling all strings to secure Do Kwon’s arrest, extradition: report
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19 March, 2023

South Korean prosecutors pulling all strings to secure Do Kwon’s arrest, extradition: report

South Korea is exhausting all means to bring justice to the victims of the collapse of Terra, with prosecutors now...
South Korea invests $51M into metaverse projects
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12 March, 2023

South Korea invests $51M into metaverse projects

South Korea's Ministry of Science earmarked funds will be used to prop up 13 new projects leveraging virtual worlds in...
South Korea logs $4.3B worth of illegal digital currency transactions in 2022
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11 March, 2023

South Korea logs $4.3B worth of illegal digital currency transactions in 2022

Amid stern regulations, illegal digital currency transactions in South Korea remain high, with authorities registering over $4 billion in 2022...
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