South Korea


Finance

Metaverse Project WeMade Put on 'Caution' List in South Korea After Releasing Inaccurate Token Data

WeMade said it accidentally excluded the issuance of tokens meant to supply liquidity to its mainnet and increase user participation.

(KINNYtv/Pixabay)

Mga video

The Future of Web3 in Korea

City of Busan steps up the game on blockchain. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

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Policy

How South Korea’s National Assembly Got Stood Up by Crypto Industry Reps at Terra Hearing

Only two crypto executives represented the industry, though lawmakers asked five to attend.

South Korea's lawmakers are looking into the Terra collapse and other crypto failures. (efired/Getty)

Finance

South Korean Prosecutors Seeking 8-Year Sentence for Ex-Bithumb Chairman

Lee Jung-hoon, who led the company that operated the exchange, is charged with committing $70 million in fraud.

Bithumb is one of South Korea's largest crypto exchanges (Shutterstock)

Finance

Judge Dismisses Arrest Warrant for Terra's Head of General Affairs Yu: Report

The arrest comes after the country invalidated Terra co-founder Do Kwon's passport.

The Netherlands has arrested a developer of Tornado Cash. (Shutterstock)

Policy

Terra Founder Do Kwon's Passport 'Invalidated,' S. Korea Says

Do Kwon has 14 days to return his passport, according to a notice on a government website.

Do Kwon. (CoinDesk)

Finance

Do Kwon Denies Report That South Korean Prosecutors Froze $39.6M of His Crypto

"I don't know whose funds they've frozen, but good for them, hope they use it for good," he tweeted.

Terraform Labs CEO Do Kwon on CoinDesk TV in December (CoinDesk)

Finance

Terraform Labs Calls S. Korean Authorities’ Arrest Warrant for Do Kwon Overreach: Report

A Terraform spokesperson claimed its luna cryptocurrency wasn’t a security, meaning it wasn’t covered by South Korea’s capital markets law.

TerraForm Labs founder and CEO Do Kwon (CoinDesk TV screenshot, modified by CoinDesk)

Policy

S. Korean Authorities Look to Freeze $67M Bitcoin Tied to Terra's Do Kwon

Interpol has issued a Red Notice for Kwon's provisional arrest pending extradition, as a worldwide search for the Terraform Labs co-founder continues.

Do Kwon, cofundador de Terraform Labs. (Terra)

Finance

Interpol Issues Red Notice for Do Kwon: Report

Kwon maintains that he is not on the run but his location is unknown after Singapore authorities said he's not in the city-state.

Do Kwon, cofundador de Terraform Labs. (Terra)