South Korea | ForkLog

ForkLog 11 19.09.2022

FT reports South Korea’s Interpol request regarding Do Kwon

South Korean authorities turned to Interpol with a request to locate and arrest Terraform Labs CEO Do Kwon. The Financial Times reports.

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ForkLog 19 18.09.2022

Do Kwon denies reports that he is on the run.

Do Kwon, head of Terraform Labs, said he is not in 'flight' and is cooperating with law enforcement. According to him, he is not hiding from government agencies that are 'interested in communicating' with him.

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ForkLog 17 15.09.2022

Seoul prosecutors seek revocation of passport for Terra founder Do Kwon

Prosecutors from the Southern District of Seoul asked the local Ministry of Foreign Affairs to revoke the passports of five people, including Terraform Labs CEO Do Kwon.

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ForkLog 9 14.09.2022

Huobi signs agreement with the city of Busan to develop the blockchain industry

Bitcoin exchange Huobi Global and its local unit Huobi Korea signed a memorandum of understanding with the government of the South Korean city of Busan on blockchain development.

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ForkLog 20 14.09.2022

Seoul court issues arrest warrant for Do Kwon

A Seoul court issued an arrest warrant for Terraform Labs (TFL) CEO Do Kwon and five others on charges including violations of South Korea's Capital Markets Act. Bloomberg reports.

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ForkLog 39 12.09.2022

South Korean resident sentenced to prison for metaverse harassment

A 30-year-old South Korean resident was sentenced to four years' imprisonment for sexually harassing minors in an unnamed 'popular' metaverse.

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ForkLog 15 01.09.2022

South Korea arrests suspects linked to ‘kimchi premium’ cases

South Korean authorities have arrested 16 people suspected of aiding illegal foreign-exchange operations as part of the 'kimchi premium' arbitrage. Seoul Daily News reports.

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ForkLog 19 31.08.2022

FTX to aid Busan in launching a cryptocurrency exchange

South Korea's city of Busan signed an agreement with the cryptocurrency exchange FTX to develop the blockchain industry and create infrastructure for trading digital assets.

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ForkLog 20 22.08.2022

Media: Major Korean brokers plan to launch cryptocurrency exchanges

Seven major South Korean brokerage firms filed applications for the approval of corporate structures to launch cryptocurrency exchanges in the first half of 2023. NewsPim reports.

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ForkLog 38 22.08.2022

South Korea to tax staking and airdrops

Tokens received by residents of South Korea as a result of hard forks and airdrops, as well as staking rewards, will be included in the inheritance and gift tax calculation. The Ministry of Strategy and Finance said this, according to local media.

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ForkLog 13 19.08.2022

Real Shitcoin: South Korea halts digital currency payments for toilet visits

The government of South Korea has halted the BeeVi toilet research programme, under which students at a local institute received digital currency.

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ForkLog 87 18.08.2022

In South Korea, 16 crypto exchanges accused of violating the law

The Financial Services Commission of South Korea (FSC) has charged 16 overseas cryptocurrency platforms with providing services to residents without registration, according to News1.

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#South Korea