South Korea | ForkLog

ForkLog 6 06.10.2022

South Korean authorities detained Terraform Labs employee

The South Korean prosecutor's office detained a Terraform Labs (TFL) employee who had been on the run in the country and requested an arrest warrant for him, according to JTBC.

AI translated

ForkLog 15 06.10.2022

Do Kwon Ordered to Return His South Korean Passport

The Ministry of Foreign Affairs of the Republic of Korea demanded that Do Kwon, the CEO of Terraform Labs (TFL), return his national passport within 14 days. If he refuses, the document will be void.

AI translated

ForkLog 10 05.10.2022

Do Kwon denies involvement in $39.6 million frozen by authorities.

CEO Terraform Labs (TFL) Do Kwon denied reports of his involvement with $39.6 million in cryptocurrencies, access to which was blocked by South Korean prosecutors.

AI translated

ForkLog 7 29.09.2022

Terraform Labs call the investigation into Do Kwon ‘politicised’

Terraform Labs (TFL) has accused the South Korean prosecutor's office of overreach. In a statement to The Wall Street Journal, a company spokesperson stressed that the digital asset LUNA is de jure not a security, and therefore not subject to the relevant legislation.

AI translated

ForkLog 8 26.09.2022

Media: Interpol issues red notice for Do Kwon

Interpol issued a "red notice" for the arrest of Terraform Labs (TFL) CEO Do Kwon. Bloomberg reports, citing the Seoul Prosecutor's Office (South Korea).

AI translated

ForkLog 5 19.09.2022

FT reports South Korea’s Interpol request regarding Do Kwon

South Korean authorities turned to Interpol with a request to locate and arrest Terraform Labs CEO Do Kwon. The Financial Times reports.

AI translated

ForkLog 7 18.09.2022

Do Kwon denies reports that he is on the run.

Do Kwon, head of Terraform Labs, said he is not in 'flight' and is cooperating with law enforcement. According to him, he is not hiding from government agencies that are 'interested in communicating' with him.

AI translated

ForkLog 8 15.09.2022

Seoul prosecutors seek revocation of passport for Terra founder Do Kwon

Prosecutors from the Southern District of Seoul asked the local Ministry of Foreign Affairs to revoke the passports of five people, including Terraform Labs CEO Do Kwon.

AI translated

ForkLog 7 14.09.2022

Huobi signs agreement with the city of Busan to develop the blockchain industry

Bitcoin exchange Huobi Global and its local unit Huobi Korea signed a memorandum of understanding with the government of the South Korean city of Busan on blockchain development.

AI translated

ForkLog 8 14.09.2022

Seoul court issues arrest warrant for Do Kwon

A Seoul court issued an arrest warrant for Terraform Labs (TFL) CEO Do Kwon and five others on charges including violations of South Korea's Capital Markets Act. Bloomberg reports.

AI translated

ForkLog 35 12.09.2022

South Korean resident sentenced to prison for metaverse harassment

A 30-year-old South Korean resident was sentenced to four years' imprisonment for sexually harassing minors in an unnamed 'popular' metaverse.

AI translated

ForkLog 10 01.09.2022

South Korea arrests suspects linked to ‘kimchi premium’ cases

South Korean authorities have arrested 16 people suspected of aiding illegal foreign-exchange operations as part of the 'kimchi premium' arbitrage. Seoul Daily News reports.

AI translated

#South Korea