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Tag: south korean

Plastic Surgery Fails to Help Crypto Scammer Evade Arrest After 10 Months

September 2, 2024 wp-bot Bitcoin News

South Korean police arrested a man in his 40s for orchestrating a cryptocurrency scam that defrauded 158 investors of 16 billion won ($12 million). Operating

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South Korean Crypto Exchange Upbit Obtains Regulatory Approval in Singapore

October 18, 2023 wp-bot Bitcoin News

Leading South Korean crypto exchange Upbit has been granted regulatory approval by Singapore’s main financial regulator. The authorization will allow the trading platform to provide

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South Koreans Report Over $98 Billion in Overseas Crypto Assets

September 21, 2023 wp-bot Bitcoin News

South Korean tax payers have declared some 131 trillion won (more than $98 billion) of crypto holdings in overseas accounts this year. The amount was

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South Korea Seeks to Freeze North’s Crypto Assets Under New Law

September 6, 2023 wp-bot Bitcoin News

The government in Seoul intends to submit new legislation tailored to facilitate the tracking and freezing of crypto used to fund the weapons programs of

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Do Kwon Moved $29 Million Worth of Coins Since Arrest, Prosecutor Says

June 8, 2023 wp-bot Bitcoin News

Founder of Terraform Labs, Do Kwon, has withdrawn millions of dollars in crypto from an entity linked to his failed blockchain firm, investigators claim. South

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Bill Seeks to Oblige South Korean Lawmakers to Declare Crypto Assets

May 24, 2023 wp-bot Bitcoin News

A new bill requiring South Korean lawmakers to disclose their cryptocurrency holdings has been proposed in Seoul. The legislative initiative comes amid a snowballing scandal

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