2023-1-16 13:30 |
The South Korean Supreme Court has upheld existing judgments from the local court and slammed a 25-year jail term on V.Global CEO for $2bn fraud. origin »
Bitcoin price in Telegram @btc_price_every_hour
|
Terraform Labs co-founder Do Kwon is finally set to be extradited to South Korea after a more than year-long legal process in Montenegro. The Appellate Court upheld the Higher Court’s June decision to prioritize South Korea’s extradition request over that of the US.
2024-8-2 22:00 | |
|
|
The decision to freeze Shin’s asset worth over $104 million was approved by the Seoul Southern District Court, which was based on a request from the prosecutors.
2022-11-20 07:45 | |
|
|
A South Korean District Court has dismissed the arrest warrant issued against the Head of General Affairs at Terraform Labs Yoo Mo, according to local news Yonhap. The post South Korean court dismisses arrest warrant for Do Kwon’s aide appeared first on CryptoSlate.
2022-10-7 22:05 | |
|
|
Terraform Labs co-founder and CEO Do Kwon has denied attempting to cash out millions of dollars in Bitcoin after a South Korean court issued an arrest warrant for him. Do Kwon Denies Bitcoin Cashout Allegations Do Kwon has denied any…
2022-9-28 14:13 | |
|
|
Crypto mining data center company Compute North is the latest casualty in the ongoing harsh crypto winter that has of late forced some of the biggest crypto companies to close shop. Compute North filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Southern District of Texas on Friday, citing mounting pressure […]
2022-9-25 15:57 | |
|
|
According to a report, an arrest warrant has been issued by a court in South Korea against the founder of Terraform Labs, Do Kwon, and five others. The report in question went on to say that the allegThe post LUNA investors may be panicking right now thanks to this Do Kwon update appeared first on AMBCrypto.
2022-9-19 23:30 | |
|
|
A curated weekly summary of forward-focused crypto news that matters. This week, high inflation rates in the US spook investors & make more interest rate rises likely, the Ethereum price drops post Merge, and a South Korean court issues an arrest warrant for Terra/Luna founder Do Kwon.
2022-9-20 15:01 | |
|
|
South Korea has issued a warrant of arrest for Kwon Do-Hyung “Do Kwon”, founder and CEO of the now defunct Terraform Labs.
2022-9-15 20:28 | |
|
|
According to a text message from the prosecutor's office, the Seoul court has issued a warrant for the arrest of Terra co-founder Do Kwon and five additional people. The post Terra LUNA & LUNC Crash After South Korea Issues Warrant for Do Kwon appeared first on BeInCrypto.
2022-9-14 10:55 | |
|
|
The warrant also includes five others, according to a report.
2022-9-15 10:53 | |
|
|
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 | |
|
|
Under new legal interpretation from China’s Supreme People’s Court, raising funds using cryptocurrency is deemed as an illegal activity in the country, according to South China Morning Post. The post China outlaws crypto fundraising, offenders could face jail sentences appeared first on CryptoSlate.
2022-2-26 06:00 | |
|
|
A South African high court has declared an alleged bitcoin scam mastermind, Willie Breedt, bankrupt. The court decision follows an application by one disgruntled investor, Simon Dix, a News24 report states.
2020-7-8 08:25 | |
|
|
Against a grim macro outlook, there was some good regulatory news last month. A French court ruled that bitcoin is a legally recognized currency. The Indian Supreme Court overturned India’s crypto banking ban, and South Korea has now fully legalized crypto assets within its borders.
2020-4-5 16:00 | |
|
|
The cryptocurrency sector worldwide saw several historic regulatory events last week. In this roundup, we cover a landmark bitcoin ruling by a French court, South Korea’s first crypto bill, an Australian court’s ruling, Germany’s announcement, and a recent FATF meeting where more than 800 delegates discussed crypto regulations.
2020-3-10 05:00 | |
|
|
Now that the Reserve Bank of India’s banking ban on cryptocurrencies has been lifted by a recent Supreme Court decision, there is reinvigorated interest in bitcoin within the South Asian nation.
2020-3-8 11:09 | |
|
|
Yesterday, India’s Supreme Court quashed the Central bank’s crypto ban that was curtailing cryptocurrency trading in the country. The crypto community perceived this as a big adoption boost for bitcoin and cryptocurrencies in general.
2020-3-6 16:14 | |
|
|
A New South Wales (NSW) court, this week, has allowed cryptocurrency to be used as collateral. As part of a broader defamation claim, the NSW District Court was asked to force a plaintiff to put $20,000 AUD, or about $13,000 USD into a court-controlled bank account.
2020-3-1 19:08 | |
|
|
Bitcoin faced an intriguing precedent when it was accepted by a New South Wales court as collateral. Bitcoin Accepted as Collateral in Court Case BTC can be used to serve a security function, pronounced Judge Judith Gibson of the New South Wales District Court.
2020-3-1 17:00 | |
|
|
The legal status of cryptocurrencies can differ based on one’s region. In Australia, it would appear that Bitcoin is a legal investment vehicle. Those are the findings of Judge Judith Gibson of New South Wales.
2020-3-1 06:00 | |
|
|
A New South Wales court allows crypto exchange account usage as collateral against possible legal fees
2020-2-29 02:08 | |
|
|
The Seoul Southern District Court has acquitted senior executives at Upbit crypto exchange of fraud charges. Insufficient Evidence Against Upbit Chiefs Delivering judgment on the matter, Deputy Judge Oh Sang-yong dismissed the 30-count criminal fraud and market manipulation charges leveled against the Upbit directors for lack of evidence.
2020-2-1 18:00 | |
|
|
Bithumb, a major crypto exchange in South Korea, has taken the country’s tax authority to court over a “groundless” tax imposed on the exchange. Experts explain that currently there are no grounds to tax crypto transactions in South Korea and existing tax laws do not apply to crypto transactions.
2020-1-17 13:58 | |
|
|
Bithumb, a major crypto exchange in South Korea, has taken the country’s tax authority to court over a “groundless” tax imposed on the exchange. Experts explain that currently there are no grounds to tax crypto transactions in South Korea and existing tax laws do not apply to crypto transactions.
2020-1-18 13:58 | |
|
|
According to local reports from The Korean Times, the largest crypto exchange in the country is challenging the latest tax imposed by the National Tax Service (NTS) in a Tax Tribunal in what it terms as a groundless base.
2020-1-16 20:39 | |
|
|
Bithumb crypto exchange is taking South Korean tax officials to court over a $69 million tax bill
2020-1-17 13:26 | |
|
|
Tether, a stablecoin tied to the dollar that is meant to mediate the volatility of other cryptocurrencies, is partly backed by bitcoin. As detailed in court documents obtained by The Block, Tether admitted to using some of the cash reserves meant to back its stablecoin to purchase bitcoin, among other assets.
2019-5-22 23:02 | |
|
|
An Australian government employee is appearing in court today after using work equipment to mine cryptocurrency for his own gain. The Australian Federal Police (AFP) allege that the 33 year-old from Killara in New South Wales took advantage of his position as an IT contractor to modify government computer systems to mine cryptocurrency.
2019-5-21 13:27 | |
|
|
In a widely expected move, the District court of South Florida has dismissed Craig Wright’s motion to seal his Bitcoin holdings and addresses, May 03, 2019. If Wright doesn’t comply, the court indistinctly said there are other ways to obtain this information, methods of which Kleiman’s estate will be authorized to use.
2019-5-6 17:00 | |
|
|
Twenty-four financial authorities and 11 international organizations, including the International Monetary Fund and the World Bank, recently gathered in New York and discussed global standards of crypto regulation.
2019-4-29 12:22 | |
|
|
By CCN: Elon Musk and the SEC are talking, demonstrating progress in a regulatory battle that has been drawn out for months. While the Tesla CEO and the securities regulator have yet to reach an agreement regarding a contempt of court dispute, they could be close.
2019-4-20 03:53 | |
|
|
The South Korean government has updated its stance on initial coin offerings (ICOs) as well as announced the results of its 3-month investigation of ICO activities carried out by Korean companies.
2019-2-1 11:55 | |
|
|
On January 17, 2019, two former executives from Komid, a South Korean cryptocurrency exchange, were jailed for three and two years respectively for using fake accounts to fraudulently inflate transactions on the exchange.
2019-1-22 22:00 | |
|
|
Two executives of a South Korean cryptocurrency exchange have reportedly been sentenced to jail for inflating trading volumes on their exchange. The pair allegedly used a bot to fake large orders in both cryptocurrencies and Korean won.
2019-1-20 07:00 | |
|
|
The South Korean government has released the results of its security inspection of cryptocurrency exchanges. Only seven of them passed all 85 of the inspection points. Fourteen previously-inspected exchanges still have not improved and 17 new crypto exchanges did not meet security standards.
2019-1-10 11:15 | |
|
|
South Korea’s top financial regulator has exclusively shared with news. Bitcoin. com information about six cryptocurrency-related bills that have been submitted to the National Assembly. The most recent bill seeks to protect the rights of crypto owners and to ensure the safety and reliability of crypto transactions.
2018-12-31 07:58 | |
|
|
A South Korean court rules in favor of Bithumb, GMO Internet leaves the crypto mining production sector, and more in this week’s Hodler’s Digest
2018-12-31 21:25 | |
|
|
South Korea-based cryptocurrency exchange Bithumb has been acquitted of a lawsuit filed by an investor named Ahn Park. Park accused the trading platform of lax security measures which allowed hackers to steal his crypto holdings worth $355,000, reports Finance Magnets, December 26, 2018.
2018-12-30 07:00 | |
|
|
CoinSpeaker Craig Wright Fails to Win Over Federal Court, Multi-Billion Dollar Bitcoin Lawsuit Remains Open Craig Wright has failed to bar a court case against him alleging that he swindled a former partner at least 300,000 bitcoins.
2018-12-29 18:31 | |
|
|
A South Korean court has ruled in favor of the Bithumb cryptocurrency exchange after a user sued the firm over a $355,000 hack.
2018-12-26 19:00 | |
|
|
A major business school in South Korea is now offering a master’s degree in cryptocurrency. Crypto MBA is a one-and-a-half-year program that covers topics such as Bitcoin, Ethereum, smart contracts, crypto funds, Dapp planning, game theory, and how to write persuasive whitepapers.
2018-12-23 08:35 | |
|
|
Seven major crypto exchanges in South Korea have joined forces to create a sound cryptocurrency ecosystem. They have agreed on joint measures such as information sharing and real-time monitoring of abnormal transactions.
2018-12-12 09:45 | |
|
|
Major South Korean cryptocurrency exchange Bithumb has beta launched a public voting system for screening new coins to be listed on its exchange. The platform, Pickthumb, aims to boost transparency and fairness in Bithumb’s listing process.
2018-12-9 11:55 | |
|
|
A constitutional complaint has reportedly been filed in South Korea alleging that the government’s ban on initial coin offerings is unconstitutional. It has been more than a year since token sales were banned in the country but the government has yet to introduce any regulations for them, causing problems for startups.
2018-12-9 07:30 | |
|
|
A constitutional complaint has reportedly been filed in South Korea alleging that the government’s ban on initial coin offerings is unconstitutional. It has been more than a year since token sales were banned in the country but the government has yet to introduce any regulations for them, causing problems for startups.
2018-12-9 07:30 | |
|
|
South Korea’s incoming finance minister, Hong Nam-ki, has reportedly unveiled his government’s taxation plans for cryptocurrency and initial coin offerings. A task force consisting of experts from government agencies and the private sector will be formed to examine overseas cases to establish domestic cryptocurrency tax rules.
2018-12-4 11:15 | |
|
|
South Korea’s incoming finance minister, Hong Nam-ki, has reportedly unveiled his government’s taxation plans for cryptocurrency and initial coin offerings. A task force consisting of experts from government agencies and the private sector will be formed to examine overseas cases to establish domestic cryptocurrency tax rules.
2018-12-4 11:15 | |
|
|
A South Korean lawmaker has reportedly introduced a bill to promote cryptocurrency trading and the development of crypto exchanges. In addition to requirements such as capital, manpower, and internal systems, the bill proposes establishing a committee to promote and support crypto trading.
2018-11-29 05:15 | |
|
|
A South Korean lawmaker has reportedly introduced a bill to promote cryptocurrency trading and the development of crypto exchanges. In addition to requirements such as capital, manpower, and internal systems, the bill proposes establishing a committee to promote and support crypto trading.
2018-11-29 05:15 | |
|
|
A South Korean district court has ruled that Nonghyup Bank, a major bank in the country, cannot block transactions to the account of cryptocurrency exchange Coinis based solely on the government’s anti-money laundering guidelines.
2018-11-1 08:35 | |
|
|
The firm said it invested in cryptocurrency and forex, and reportedly collapsed in 2022.
According to a new report by TRM, more money was lost to cryptocurrency Ponzi schemes and scams throughout 2022 than to hacks and exploits. In the past year, crypto investors were scammed through various Ponzi schemes to the tune of at least $7.
The European Commission (EC) is opposing the creation of the crypto crime victim superfund to be financed with $0. 0001 per dollar on all cryptocurrency transactions occurring within the EU. The Commission says that it does not have the competence to set up and administer such a fund.
The local authorities in Pune, India, recently confiscated 452 Bitcoins worth $1. 8 million from suspect involved in notorious cryptocurrency Ponzi scheme. India’s Biggest Bitcoin Ponzi Scheme According to The Times of India, authorities of the cybercrime department in the city of Pune, India, recently recovered 452 Bitcoins (BTC) worth $1.
Ethereum-based games developed by a group called Team JUST turned out to be Ponzi scams serving as an experiment to gauge how far greed can drive people. The post Ponzi Games on Ethereum: Tons of Money Made Out of People’s Greed appeared first on CoinSpeaker.