South Korea

Bithumb ex-chairman not guilty of fraud charges by South Korean court
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5 January, 2023

Bithumb ex-chairman not guilty of fraud charges by South Korean court

The court's decision to absolve Lee Jung-Hoon comes a week after Bithumb's biggest shareholder was found dead while under investigation...
South Korea: Top executives of scam V Global exchange convicted
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31 December, 2022

South Korea: Top executives of scam V Global exchange convicted

Convicted employees of the now-defunct V Global exchange have risen to seven, with two C-level executives being the latest to...
North Korea behind over half of digital asset thefts in South Korea: report
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28 December, 2022

North Korea behind over half of digital asset thefts in South Korea: report

South Korea reports an average of 1.18 million cyberattacks daily from international gangs, with 55% found to be organized by...
South Korean court confiscates $92M in assets linked to Terra tokens
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23 December, 2022

South Korean court confiscates $92M in assets linked to Terra tokens

The assets were obtained from Kernel Labs—a firm close to Terra—and according to court documents, Kernel Labs’ CEO Kim Hyun-Joong...
South Korea ‘metaverse’ province eyes expansion in Vietnam
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23 December, 2022

South Korea ‘metaverse’ province eyes expansion in Vietnam

In a meeting at the Korea-Vietnam Economic Forum, Gyeongbuk Governor Lee Cheol-woo unveiled the province’s ambitious plans to use the...
South Korean regulators mull over new listing procedure following WEMIX’s delisting
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15 December, 2022

South Korean regulators mull over new listing procedure following WEMIX’s delisting

Both the Financial Services Commission (FSC) and the Financial Intelligence Unit (FIU) are pushing for the listing of new tokens...