[Jun 15, 2023 12:56 PM] The Terra Labs co-founder will be held for up to six months while the Montenegrin court considers South Korea’s extradition request.
[Jun 14, 2023 1:35 PM] The South Korean yield platform said it has filed a criminal complaint against B&S Holdings and plans to initiate civil proceedings as well.
[Jun 13, 2023 1:08 AM] The firm blamed the pause on a “certain issue” with one of its service partners, and said it is working on a contingency plan, according to a blog update.
[Jun 10, 2023 4:29 AM] Altman confirmed ongoing discussions with chipmaking companies like Samsung Electronics and expressed his willingness to further engage in the dialogue.
[Jun 8, 2023 2:30 PM] Founder of Terraform Labs, Do Kwon, has withdrawn millions of dollars in crypto from an entity linked to his failed blockchain firm, investigators claim. South Korean authorities are now trying to locate the digital assets that have been allegedly…
[Jun 7, 2023 11:10 PM] South Korean prosecutor Dan Sunghan says Kwon’s extradition to South Korea makes more sense but adds that the Terraform Labs co-founder could also serve time in the United States as well.
[Jun 7, 2023 3:43 AM] The country’s financial watchdog claimed it was very difficult to accept the acquisition requests amid accusations of securities laws violations.
[May 29, 2023 1:30 PM] Lawmakers in Japan have decided to enforce stricter Anti-Money Laundering measures to trace cryptocurrency transactions from June 1.
[May 25, 2023 5:48 AM] The “Kim Nam-guk Prevention Law” comes in response to a scandal involving some National Assembly members moving large amounts of crypto.
[May 24, 2023 11:21 AM] Kwon and former chief financial officer Han Chong-joon reportedly lived in Serbia before they were caught trying to leave neighboring Montenegro using false documents.
[May 24, 2023 4:00 AM] A new bill requiring South Korean lawmakers to disclose their cryptocurrency holdings has been proposed in Seoul. The legislative initiative comes amid a snowballing scandal surrounding the crypto dealings of an opposition lawmaker whose case has…
[May 23, 2023 4:42 AM] The leader of South Korea's ruling People Power Party wants a new bill requiring lawmakers and high-level government officials to declare their cryptocurrency-related assets to be implemented within two months.
[May 22, 2023 12:35 PM] A recent political scandal has prompted the proposal of legislation intended to ensure South Korean officials report all digital asset holdings above roughly $760.
[May 18, 2023 7:07 AM] Crypto regulation is gaining momentum in South Korea as lawmakers seek to impose stricter rules on digital assets in response to a shocking murder case linked to cryptocurrency. In a tragic incident reported by Bloomberg, a Korean woman was…
[May 17, 2023 1:30 PM] Prime Minister Han Deok-soo reportedly believes that including cryptocurrency in property registration is the right thing to do.
[May 16, 2023 11:30 PM] South Korean prosecutors have raided two of the country’s largest coin trading platforms within an investigation into the crypto investments of a politician. They seized materials from Upbit and Bithumb amid suspicions of wrongdoing related to the…
[May 15, 2023 9:14 AM] The raids came as a local lawmaker stepped down from politics amid accusations of allegedly selling millions in cryptocurrency before new laws were enforced.
[May 15, 2023 2:30 AM] A member of the South Korean parliament is leaving his party amid mounting allegations of massive crypto investments inconsistent with his frugal public image. The controversy, which has caught the attention of the Korean society, involves…
[May 13, 2023 7:35 AM] A recent report published on WIPO’s global database for intellectual property disclosed LG Electronics’ application to acquire an NFT trading patent for its Smart TV. Notably, the WIPO guide states that a filing application can only be…
[May 12, 2023 2:30 PM] The information was published on WIPO's global database for intellectual property on May 11, 18 months after LG filed its application.
[May 11, 2023 8:58 AM] Lawyers said Do Kwon and Han Chang-joon could be released on bail and largely confined to a Montenegro apartment with the “obligation to periodically report to the state authority.”
[May 9, 2023 3:00 PM] There’s a rumor of a conflict of interest around the South Korean opposition lawmaker Kim Nam-Kuk over crypto transactions. The growing domestic outrage alleged that Kim liquidated over $4 million worth of crypto assets before the lawmakers…
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