2022-9-29 17:30 |
Terraform Labs, the creator of failed cryptocurrencies Luna and TerraUSD, has criticized South Korea's authorities for overreaching them, saying the case is 'highly politicized. origin »
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Terraform Labs have described the South Korean prosecutor’s arrest warrant for its CEO Do Kwon as an overreach of their authorities, The Wall Street Journal reported September 28 Citing a Terraform statement, WSJ wrote that a spokesman for the firm claimed that the failed Luna crypto asset was not a security, so South Korea’s capital-markets law […] The post Terraform deems South Korea’s Do Kwon arrest warrant ‘unfair’ appeared first on CryptoSlate.
2022-9-29 00:46 | |
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A Terraform spokesperson claimed that its Luna cryptocurrency wasn’t a security, meaning it wasn’t covered by South Korea’s capital-markets law.
2022-9-29 23:12 | |
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According to several reports, authorities in South Korea have ordered crypto exchanges OKX and KuCoin to freeze funds connected to Terra founder Do Kwon. In total, the platforms froze over 5,000 BTC or around $60 million at the current market price.
2022-9-27 17:50 | |
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South Korean authorities have seized virtual assets worth KRW 260 billion ($182 million) from tax offenders. This, according to a report by Maekyung, a local news outlet. The crackdown is part of theThe post South Korea seizes crypto-assets worth $180M from tax evaders appeared first on AMBCrypto.
2022-9-27 15:30 | |
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South Korea’s National Tax Service has combined forces with the Ministry of Strategy and Finance, and other agencies as well as local government authorities, to seize over $184 million worth of Bitcoin (BTC) and altcoins from alleged tax evaders in…
2022-9-22 14:30 | |
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South Korean authorities have seized approximately $185 million worth of digital assets from tax delinquents since 2021, Yonhap news agency reported on September 22. The post Korean tax authorities seize $185M worth of crypto from tax evaders since 2021 appeared first on CryptoSlate.
2022-9-22 13:40 | |
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Less than a week after South Korean authorities issued an arrest warrant for the founder of TerraForm Labs, the company behind TerraUSD, the prosecutor’s office is now seeking an Interpol red noticeThe post South Korean prosecutors seek Interpol red notice, is LUNA on risk appeared first on AMBCrypto.
2022-9-20 23:00 | |
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According to Interpol, there are currently 7,151 individuals publicly named on the agency’s Red Notice list out of 69,270.
2022-9-20 18:45 | |
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2022-9-19 15:02 | |
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Authorities in Singapore confirm that Kwon is no longer in-country, while he maintains that he’s not “on the run.”
2022-9-20 11:40 | |
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South Korean authorities reportedly intend to revoke the passports of Terra leader Do Kwon and other employees. Terra Employees Face Justice Efforts to apprehend Do Kwon are intensifying. Yesterday, it...
2022-9-16 23:12 | |
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Following an ongoing investigation into the spectacular implosion of the Terra ecosystem, South Korea’s Ministry of Foreign Affairs wants to void the passport of Do Kwon, the co-founder of the now-defunct Terraform Labs.
2022-9-16 16:59 | |
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The prosecutors looking into the Terra Luna crash had taken steps to revoke the passports of five people, including Terra co-founder Do Kwon. The post Jail Kwon Token Pumps As South Korean Authorities Move to Void Terra Founder’s Passport appeared first on BeInCrypto.
2022-9-15 16:00 | |
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South Korean authorities have sentenced a man to four years in prison for collecting sexual content of underaged victims he met on the metaverse, South Korea-based MoneyS reported on September 11.
2022-9-13 20:57 | |
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South Korea has once again made an indictment connected to a crypto-related crime. This time around, the crime involves drug offenders. Authorities are looking to purge the country of crypto crimes, and this latest indictment is a step closer to their goal.
2022-9-10 15:55 | |
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More than $283 million of the $2 billion in crypto transactions were reportedly facilitated through illegal remittance agencies.
2022-9-1 23:15 | |
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South Korean customs authorities on Tuesday arrested 16 people involved in illegal foregin exchange transactions, according to a report by local outlet Newsis.
2022-8-31 18:52 | |
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Authorities are reportedly investigating $3.4 billion in "abnormal transactions" involving foreign exchange and crypto investments.
2022-8-11 15:51 | |
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After more than a week, South Korean authorities concluded their raids on crypto companies in connection with the Terra case on July 27, Yonhap news reported. The post South Korean officials conclude week-long raid in Terra-LUNA case appeared first on CryptoSlate.
2022-7-29 19:52 | |
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South Korean authorities have yet again postponed imposing crypto tax until 2025, mentioned in the official announcement. This new proposal aligns with the new President Yoon Suk-yeol’s view, which is of the opinion that crypto taxation is secondary.
2022-7-23 07:00 | |
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South Korean authorities are continuing their investigation into fraud allegations at the center of the Terra collapse.
2022-7-22 09:03 | |
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The South Korean authorities have further postponed the implementation of its cryptocurrency taxation system for another two years. The government cited the devastating conditions that have plagued the markets of late as one reason, further highlighting the preparatory period required to fully enact suitable investor protection measures in the crypto space as a second reason. […]
2022-7-22 17:32 | |
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Authorities in South Korea have begun executing raids on cryptocurrency exchanges as part of their ongoing investigations into the collapse of Terraform Labs’ signature Terra protocol earlier this year. Heating...
2022-7-20 19:28 | |
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The Seoul Southern District Prosecutors Office reportedly raided the offices of crypto exchanges Upbit, Bithumb, Coinone, Korbit and Copax, among others on Wednesday.
2022-7-20 19:00 | |
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South Korea-based cryptocurrency exchange OKX has received a provisional virtual-asset license from authorities in Dubai. The post OKX Latest Exchange to Win Dubai Virtual Asset License appeared first on BeInCrypto.
2022-7-15 20:00 | |
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United States and South Korean authorities have agreed to collaborate on the investigation of Terra’s implosion, South Korea’s Yonhap News Agency reported July 6. The post US, South Korea to cooperate over Terra investigation appeared first on CryptoSlate.
2022-7-7 19:00 | |
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Court filings hint at authorities allowing Spagni to be in the United States for the Independence Day holiday weekend before being taken to South Africa early on Tuesday.
2022-7-1 00:15 | |
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South Korean authorities are currently investigating Terraform Labs and its employees on several charges including tax evasion and market manipulation.
2022-6-10 13:07 | |
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South Korean authorities are investigating Terraform Labs following the implosion of algorithmic stablecoin UST last month.
2022-6-9 11:17 | |
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South Korean authorities are investigating Terraform Labs following the implosion of algorithmic stablecoin UST last month.
2022-6-10 11:17 | |
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South Korea’s Financial Supervisory Service (FSS) has opened investigations into payment gateway services working with digital assets. The post South Korean Authorities Intensify Crypto Regulations to Prevent Terra (LUNA) Recurrence appeared first on BeInCrypto.
2022-6-5 19:00 | |
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South Korea announced Digital Assets Committee, launched an investigation and met with Asia-Pacific financial authorities.
2022-6-4 11:40 | |
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South Korean authorities have launched a new investigation on Terraform Labs, according to reports from JBTC. Korean Authorities Summon Team The Seoul Southern District’s joint financial and securities crime investigation...
2022-5-31 23:55 | |
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Per a report from a local news media, South Korean authorities have launched a full investigation against the developers of Terra (LUNA). Once one of the most popular cryptocurrencies in this sector, LUNA and its native stablecoin UST lost over 90% of their value and left investors with massive losses.
2022-5-31 21:00 | |
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In the quest for answers pertaining to the collapse of the Terra ecosystem earlier this month, South Korean authorities are now summoning all employees of Terraform Labs, which developed Luna Classic (LUNC) and TerraUSD (UST).
2022-5-31 18:15 | |
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South Korean authorities are reportedly looking at the Terra crash to check for signs of intentional price manipulation and other issues.
2022-5-31 13:38 | |
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South Korea's financial authorities are looking to introduce measures to hold crypto exchanges to greater scrutiny in the wake of Terra's collapse, according to a report by The Korea Times.
2022-5-24 17:14 | |
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South Korea’s ruling party has reportedly arranged an emergency meeting to take place Tuesday with representatives from the country’s five largest cryptocurrency exchanges. The authorities are expected to hold the...
2022-5-23 14:48 | |
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With the collapse of Terra’s LUNA and UST stablecoin sending shockwaves across the global virtual currency market, Korean financial authorities have vowed to fast-track regulations aimed at protecting consumers from such risks.
2022-5-20 01:06 | |
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The collapse of TerraUSD has spurred financial authorities in South Korea to launch “emergency” inspections of domestic cryptocurrency exchanges. The post TerraUSD Collapse Spurs ‘Emergency’ Inspections of South Korean Crypto Exchanges appeared first on BeInCrypto.
2022-5-18 19:00 | |
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According to South Korea’s local media reports, two South Koren financial authority agencies have started “emergency” investigations into local crypto exchanges in response to the collapse of Terra.
2022-5-18 18:52 | |
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According to local media reports, two South Korean financial agencies have launched emergency inspections into local crypto exchanges in response to Terras dramatic collapse. A South Korean parliament member has...
2022-5-18 16:02 | |
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South Korean authorities begin investigation of Terra incident
2022-5-17 12:35 | |
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Recent indications have emerged that not only private businesses are betting big on the metaverse; authorities around the world have also become piqued with the space. The post The metaverse draws South Korea’s investment with $187 million pledge appeared first on CryptoSlate.
2022-3-1 19:00 | |
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In recent months, Axie Infinity became a hot topic in the gaming sector, due to its explosive growth. Just in August 2021, it hit 1 million DAU (daily active users) and an accumulative $1 billion in lThe post South Korea authorities push for strict restrictions on P2E games appeared first on AMBCrypto.
2021-12-29 16:00 | |
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In the crypto sector, South Korea enjoys quite a bit of fame thanks to its "Kimchi Premium" and large alt coin market. However, the country's central bank authorities aren't far behind in crypto innovThe post CBDC a 'high possibility' in South Korea, first test could take place before December appeared first on AMBCrypto.
2021-10-10 20:00 | |
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As the laws are getting stricter in South Korea, tax filings in the country will also include crypto earnings from 1 January 2022, as per local reports. Earlier, South Korean authorities were mulling The post No deferral on taxation law, South Korea to tax crypto gains 2022 onwards appeared first on AMBCrypto.
2021-10-2 19:00 | |
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South Korean authorities have managed to implement the new regulations regarding cryptocurrency exchanges in the country. This move resulted in 29 out of 66 exchanges shutting shop, following the deadThe post South Korea: Crypto-exchange Upbit to begin ID verification, others to follow suit appeared first on AMBCrypto.
2021-10-1 23:00 | |
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With the clock ticking down on crypto exchanges operating in South Korea, available information on the leading financial regulator’s website shows that only ten of these crypto firms have been able to successfully register with the authorities.
2021-9-25 10:00 | |
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Bitcoin's value is approaching the coveted mark of $40,000 — a height it hasn't experienced since the sudden destabilization of TerraUSD in May 2022.
TerraClassicUSD (USTC), the remnant stablecoin of the failed Terra blockchain, gained 300% in a week as plans of a bitcoin-backed revamp plan and a Binance perpetual contract listing unleashed a speculative frenzy.
New York district judge orders crypto lender Genesis to produce documents related to the collapse of algorithmic stablecoin TerraUSD.
Coinspeaker South Korean Prosecutors Reveals Do Kwon Sent Funds to Local Law Firm before TerraUSD’s Fall After Kwon was arrested, the prosecutors indicated that he had paid the law firm before the collapse.
The collapse of Terra continues to reverberate in Do Kwon’s homeland, but there are signs of progress, CoinDesk’s Emily Parker reports.
The harsh realities of the post-Luna crash experience propelled a full-scale state investigation that that led to the Korean authorities reportedly discovering that Do kwon manipulated Luna price.
Do Kwon, the founder of Terraform Labs, says he is not hiding from South Korean law enforcement. The nation’s prosecutor’s office said it had obtained a global arrest order for the cryptocurrency CEO. The Fall of Terra and Do Kwon’s…