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Terraform Labs

South Korea’s first digital asset law comes into force after year of finessing

Finance

James Field

22 July, 2024

South Korea’s first digital asset law comes into force after year of finessing

The Virtual Asset User Protection Act focuses on investor protection and mandate that exchanges keep at least 80% of user...

Terraform and Do Kwon argue fines should be $1 million, not the SEC’s proposed $5.3 billion

Business

James Field

1 May, 2024

Terraform and Do Kwon argue fines should be $1 million, not the SEC’s proposed $5.3 billion

Lawyers representing Terraform Labs and its disgraced co-founder Do Kwon have filed a motion opposing U.S. SEC’s request for $5.3...

US to challenge extradition of Do Kwon to South Korea

Business

James Field

11 March, 2024

US to challenge extradition of Do Kwon to South Korea

The U.S. DOJ said it would continue to seek the extradition of Do Kwon to the United States, fearing that...

Do Kwon to miss part of US fraud trial due to extradition delay

Business

Steve Kaaru

5 March, 2024

Do Kwon to miss part of US fraud trial due to extradition delay

Initially set for January 29, the SEC postponed Do Kwon’s trial by two months to allow him to attend, but...

South Korea wants digital asset criminals sentenced to life imprisonment

Business

Steve Kaaru

8 February, 2024

South Korea wants digital asset criminals sentenced to life imprisonment

The new amendments will hand life sentences to any criminal that embezzles over $3.8 million, with the minimum time served...

South Korea to vet VASP execs; US SEC charges American Bitcoin Academy over $1.2M scam

Business

Steve Kaaru

7 February, 2024

South Korea to vet VASP execs; US SEC charges American Bitcoin Academy over $1.2M scam

Elsewhere, Hong Kong’s Treasury has proposed bringing OTC venues under the city’s regulations, arguing that they have been used to...

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Wahid Pessarlay

18 Sep 2025

Terraform Labs

South Korea’s first digital asset law comes into force after year of finessing

Terraform and Do Kwon argue fines should be $1 million, not the SEC’s proposed $5.3 billion

US to challenge extradition of Do Kwon to South Korea

Do Kwon to miss part of US fraud trial due to extradition delay

South Korea wants digital asset criminals sentenced to life imprisonment

South Korea to vet VASP execs; US SEC charges American Bitcoin Academy over $1.2M scam

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