South Korea | ForkLog

ForkLog 50 04.11.2022

Media: South Korean authorities have obtained evidence that Do Kwon manipulated LUNA’s price.

The South Korean prosecutor's office has obtained evidence that Terraform Labs CEO Do Kwon manipulated the price of LUNA. This was reported by Korean Broadcasting System citing a representative of the supervisory agency.

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ForkLog 12 24.10.2022

South Korea to monitor crypto-whale activity

The Financial Services Commission of Korea (FSC), as part of its anti-money-laundering drive, will begin tracking transactions of users whose assets exceed 100 million KRW (~$70,000). News1 Korea reports.

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ForkLog 11 07.10.2022

Media: South Korean court declines to arrest Terraform Labs employee

The court in South Korea denied the prosecutor's request for an arrest warrant for a Terraform Labs employee, according to Yonhap News and SBS.

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ForkLog 13 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.

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ForkLog 23 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.

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ForkLog 15 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.

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ForkLog 11 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.

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ForkLog 16 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).

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ForkLog 10 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.

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ForkLog 16 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.

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ForkLog 14 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.

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ForkLog 8 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.

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#South Korea