South Korea | ForkLog

ForkLog 12 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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ForkLog 9 30.01.2023

South Korea to roll out cryptocurrency-tracking system in 2023

The Ministry of Justice in South Korea announced plans to roll out a cryptocurrency-tracking system in the first half of 2023 to tackle money laundering and recover proceeds obtained illegally.

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ForkLog 13 27.01.2023

South Korean prosecutors raid Bithumb offices

On 26 January, the Seoul Southern District Prosecutors' Office conducted searches at the offices of the cryptocurrency exchange Bithumb as part of an investigation into price manipulation of an unnamed coin.

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ForkLog 16 26.01.2023

Media: Bithumb owner placed on police’s wanted list

The Seoul Prosecutor's Office issued an arrest warrant for the owner of the cryptocurrency exchange Bithumb, Kan Jhon Hen, suspected of embezzlement and manipulating the stock price.

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ForkLog 20 10.01.2023

South Korea’s tax authority opens investigation into Bithumb

South Korea's National Tax Service (NTS) has begun a special investigation into the operators of the cryptocurrency exchange Bithumb, Yonhap reports.

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ForkLog 8 09.01.2023

Media: Huobi’s South Korean subsidiary distances itself from its parent company

The South Korean unit of the cryptocurrency exchange Huobi is distancing itself from its parent company, according to local publication News1.

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ForkLog 14 12.12.2022

Media reports: Terraform Labs founder Do Kwon is in hiding in Serbia

In November, the CEO of Terraform Labs (TFL), Do Kwon, flew to Serbia, according to Forkast, citing a statement from the South Korean prosecutor's office.

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ForkLog 11 03.12.2022

Court rejects prosecutors’ bid to detain Terraform Labs co-founder Daniel Shin

The Seoul Southern District Court rejected the prosecutor's request for a warrant to detain Terraform Labs co-founder Daniel Shin.

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ForkLog 8 30.11.2022

South Korean prosecutors seek arrest warrant for Terraform Labs co-founder

South Korean prosecutors have sought an arrest warrant for Terraform Labs co-founder Daniel Shin. Yonhap, citing a statement from the agency, reports this.

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ForkLog 20 16.11.2022

Media: South Korean authorities raid payments company founded by Terraform Labs co-founder

South Korean prosecutors raided the payments company Chai Corporation, founded by Terraform Labs co-founder Daniel Shin. According to Forkast.

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ForkLog 43 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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#South Korea