South Korea | ForkLog

ForkLog 7 11.04.2023

South Korean authorities arrest Coinone employees

Several employees of the South Korean cryptocurrency exchange Coinone have been arrested on suspicion of bribery, according to CoinDesk Korea.

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ForkLog 4 07.04.2023

Prosecutors uncover $314 million linked to TerraForm Labs and Do Kwon

South Korea's prosecutors uncovered illicit TerraForm Labs (TFL) assets worth 414.5 billion KRW (~$314.2 million), including 91.4 billion KRW (~$69 million) belonging to founder Do Kwon. KBS News reports.

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ForkLog 6 03.04.2023

South Korea seizes Terra team assets worth $205 million

The Financial Crimes Investigation Group of the Seoul Southern District Prosecutor's Office seized assets of early investors and Terraform Labs employees, including co-founder Daniel Shin, totaling about $205 million.

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ForkLog 6 03.04.2023

Alchemy Pay raises $10 million for expansion in South Korea

Alchemy Pay has raised $10 million from market-maker DWF Labs to grow its business in South Korea. Following the strategic investment round, the payments platform was valued at $400 million.

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ForkLog 7 27.03.2023

Former Coinone employee arrested in bribery case

A former employee of the South Korean cryptocurrency exchange Coinone has been arrested on bribery charges.

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ForkLog 6 23.03.2023

Terraform Labs founder and CEO Do Kwon arrested in Montenegro

Montenegro's capital police detained Terraform Labs (TFL) co-founder and CEO Do Kwon. This was announced by the country’s interior minister, Filip Adzic.

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ForkLog 7 20.02.2023

Kimchi premium on Bitcoin in South Korea gives way to Kimchi discount

Bitcoin prices on South Korean trading platforms have fallen below those on global exchanges. Previously the opposite was observed—the so-called “kimchi premium”{{AOPEN_1}} reached 15% or more{{ACLOSE_1}}.

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ForkLog 8 15.02.2023

Korean Regulators Eye Staking Services, Reports Say

South Korean financial regulators will study services offering staking on local bitcoin exchanges, News 1 reports.

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ForkLog 7 10.02.2023

South Korea imposes sanctions on Bitcoin extortionists

South Korea's authorities have placed several North Korean hacking groups and individuals linked to cyberattacks and cryptocurrency theft on the sanctions list.

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ForkLog 9 06.02.2023

South Korea regulator publishes guidance on security tokens

The Financial Services Commission of South Korea (FSC) published guidelines on security tokens, stating they should be treated as securities and regulated under the Capital Markets Act.

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ForkLog 7 03.02.2023

Binance acquires a controlling stake in Bitcoin exchange Gopax

Binance Holdings Ltd. acquired a controlling stake in the troubled South Korean cryptocurrency exchange Gopax.

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ForkLog 9 02.02.2023

Media reports arrest of Bithumb owner

In South Korea, the owner of the cryptocurrency exchange Bithumb, Kan Joon-hen, was arrested on suspicion of embezzlement and manipulating the share prices of several affiliated firms. Local media report.

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#South Korea