City Seoul Financial News

30.09 / 20:11

Legal Fraud Jail Crypto Fraudster Who Swindled Victims out of Bitcoin and ETH Gets 5-Year Jail Term

A South Korean crypto fraudster who duped victims out of some $1.7 million worth of bitcoin (BTC), ethereum (ETH), and fiat has been handed a five-year jail sentence.

29.09 / 13:23

FIVE Action WSJ Case against Do Kown is "highly politicized": Terraform Labs

Terraform Labs believes South Korean prosecutors have «highly politicized» the case against founder Do Kown after he was issued an arrest warrant, the firm told the Wall Street Journal (WSJ).

28.09 / 13:03

BTC Kucoin Bitcoin South Korean Regulators Order Seizing 3313 BTC Linked to Do Kwon

The South Korean regulators have instructed KuCoin and OKX to freeze the total of 3,313 Bitcoin (BTC) worth approximately $67 million linked to Do Kwon.

28.09 / 04:29

Blockchain BTC Kucoin >3000 BTC transfer in the spotlight after Do Kwon’s arrest warrant

A suspicious transfer of over $3,000 BTC ($60 million) has been detected after South Korea issued an arrest warrant against Do Kwon, the Founder and CEO of Terraform Labs.

27.09 / 14:01

FIVE Digital Platform Terraform Labs fugitive Crypto Fugitive Kwon Denies Hiding from Authorities

Terraform Labs co-founder has denied being in hiding after South Korean authorities asked Interpol to issue a red notice for his arrest.

27.09 / 13:39

Twitter FIVE Southern Returns Do Kwon Returns to Twitter Despite Interpol Red Notice, LUNC Rally Halts

Do Kwon, the co-founder of Terraform Labs and the Terra network has returned to Twitter, despite the fact that prosecutors in South Korea are now freezing his bitcoin (BTC) and cryptoassets – as TerraLunaClassic (LUNC) prices continue to take holders on a bumpy ride.

26.09 / 20:53

Provident FIVE Arrow Luna South Korea’s Interpol issues ‘Red Notice’ for Do Kwon- Details inside

Do Kwon, the co-founder of Terraform Labs, is purportedly the subject of a “Red Notice” from Interpol to law enforcement agencies all around the world.

26.09 / 13:01

FIVE Digital Platform Terraform Labs Luna Interpol Issues Red Notice for Terra's Kwon

Terraform Labs co-founder has been issued with a red notice from Interpol, prosecutors in South Korea claim, according to a report from Bloomberg.

26.09 / 11:13

FIVE Southern Interpol Has Issued a Red Notice for Do Kwon, Say South Korean Prosecutors

The International Criminal Police Organization, known widely as Interpol, has issued a Red Notice on Do Kwon, the co-founder of Terraform Labs and the Terra ecosystem – as the manhunt for the elusive crypto chief continues.

26.09 / 06:09

defi Terraform Labs Terra Breaking: Interpol 'Red Notice' issued for Do Kwon — South Korea prosecutors

Interpol has reportedly issued a “Red Notice” to law enforcement worldwide for the arrest of Terraform Labs co-founder Do Kwon.

24.09 / 03:09

regulation Upbit Crypto Exchange Executive Upbit Exchange Executive Welcomes Talk of Fresh Crypto Regulations

One of the top executives at Upbit, South Korea’s market-leading crypto exchange, has spoken out in favor of new crypto regulations both at home and abroad – and has suggested that while they may cause the markets more short-term pain, the industry is set to benefit in the long term.

22.09 / 21:19

business banking partnership services Blockdaemon Korean crypto bank partners with Blockdaemon to offer retail staking services

Crypto-focused finance company Delio has partnered with Blockdaemon to launch retail-focused staking services, giving customers a more seamless way to earn rewards on their digital asset holdings.

22.09 / 18:53

business Blockchain Taxes South Korean gov has confiscated 260B KWR in crypto for non-payment of taxes since 2021

According to local news outlet mk.co.kr, the South Korean government has seized over 260 billion Korean won ($180 million) worth of cryptocurrencies in the past two years due to tax arrears. The country's politicians enacted regulations allowing for the seizure of digital currencies for tax delinquencies and began enforcing them last year.

22.09 / 13:22

Citi Citizens Strategy Bitcoin South Korean Taxman Has Seized $186m Worth of Crypto from Tax Dodgers in Past 2 Years, Says Gov’t

South Korean tax authorities have seized over $186 million in crypto from tax-evading individuals since 2021.

20.09 / 13:11

UPS Terraform Labs Terra South Korean Prosecutors Turn to Interpol for Help in Hunt for Do Kwon

Source: Screenshot/YouTube/Coinage

20.09 / 00:15

Twitter Cooper Extreme Luna South Korean prosecutors seek Interpol red notice, is LUNA on risk

Less than a week after South Korean authorities issued an arrest warrant for the founder of TerraForm Labs, the company behind TerraUSD, the prosecutor’s office is now seeking an Interpol red notice against Do Kwon.

19.09 / 19:45

Law regulation crimes Terra South Korean authorities ask Interpol to issue 'Red Notice' for Do Kwon: Report

South Korean prosecutors have reportedly requested Interpol intervene in their case against Terra co-founder Do Kwon by issuing a "Red Notice" — suggesting global law enforcement agencies may attempt to find and detain him.

19.09 / 15:31

Blockchain Digital Platform Customers One of S Korea’s Biggest Card Issuers Launches Blockchain-powered platform to Help Customers Spot Fake Goods

Shinhan Card, South Korea's biggest credit card company and a global top-five credit card issuer, has launched a blockchain-powered digital warranty service used to certify the authenticity of products.

19.09 / 13:59

FIVE Cooper Extreme NOT Do Kwon Tweets "Not on the Run", Willing to Disclose Location

Terraform Labs' founder claimed on Saturday that he is not on the run but in «full cooperation» with government agencies interested in communicating.

18.09 / 19:23

Blockchain Digital Platform Bitcoin Terra (LUNA) Price Prediction 2025-2030: How gettable really is $50 by 2030?

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject.

15.09 / 21:01

Blockchain regulation Terra Usd Terra Luna South Korean prosecutors apply to revoke Do Kwon and other Terra employees' passports

According to local news outlet gynews.kr, the Seoul Southern District Prosecutors' Office's Joint Financial Securities Crime Investigation Team says it will be contacting the country's Ministry of Foreign Affairs to nullify the passports of Terra Luna co-founder Do Kwon and five other project developers. Prosecutors also plan to contact Interpol and escalate the South Korean arrest warrant issued the day prior into an international arrest warrant.

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