South Korea

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...
South Korea cracks down on voice phishing linked with digital currencies
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5 March, 2023

South Korea cracks down on voice phishing linked with digital currencies

The proposed amendments to the Telecom Fraud Damage Refund Act will include heightened monitoring of the asset class and the...