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South Korea

$13,000,000 Vanishes After Korean Crypto Exchange GDAC Hacked

South Korean cryptocurrency exchange GDAC has reported that hackers have stolen almost $13 million on Sunday, April 9. According to…

April 10, 2023

About $160,000,000 in Real Estate and Other Assets Seized From Terraform Labs Employees by Authorities: Report

South Korean authorities have confiscated assets worth millions of dollars from the employees of the blockchain firm Terraform Labs, according…

April 5, 2023

South Korean Judge Throws Out Arrest Warrant for Terra Founder Do Kwon’s Associates: Report

A South Korean judge has reportedly thrown out a recent arrest warrant issued for Terra (LUNA) founder Do Kwon’s associates.…

December 4, 2022

South Korean Authorities Seek Arrest Warrant for Terra (LUNA) Co-Founder Do Kwon’s Colleagues: Report

Prosecutors in South Korea are reportedly seeking a warrant for the arrest of a Terraform Labs’ co-founder along with seven…

December 1, 2022

$104,000,000 Seized From Terra (LUNA) Co-Founder by South Korean Authorities: Report

South Korean authorities have reportedly seized over $100 million from Shin Hyun-seong, the co-founder of collapsed stablecoin issuer Terra (LUNA).…

November 20, 2022

Former Head of Crypto Exchange Bithumb Charged With Eight Years in Prison for Alleged $70,000,000 Fraud: Report

South Korean prosecutors are charging the former head of a major crypto exchange with fraud worth nearly $70 million. According…

October 25, 2022

Do Kwon Says Terra Luna’s $40,000,000,000 Collapse Is ‘My Responsibility – and My Responsibility Alone’

The founder of embattled stablecoin issuer Terra (LUNA) is taking sole responsibility for the crypto project's multibillion-dollar collapse earlier this…

October 18, 2022

Embattled Terra (LUNA) Founder Do Kwon Ordered To Hand Over Passport by South Korean Authorities

South Korean authorities are telling embattled Terraform Labs founder Do Kwon to hand over his passport as they claim he…

October 6, 2022

Crypto Exchanges KuCoin and OKX Asked by Authorities To Freeze $67,000,000 in Bitcoin Tied To Do Kwon: Report

Two crypto exchange platforms are being reportedly asked by South Korean authorities to freeze tens of millions of dollars worth…

September 29, 2022

Tech Giant Samsung Planning Launch of Crypto Exchange: Report

The investment arm of South Korean tech giant Samsung is reportedly looking to launch a crypto exchange platform along with…

August 26, 2022