City Seoul Financial News
15.09 / 11:35
FIVE
HANS
Terra
South Korean Authorities to Void Do Kwon’s Passport and Expedite Deportation
South Korean prosecutors have intensified their efforts to capture Do Kwon, the co-founder and CEO of Terraform Labs – with the Ministry of Foreign Affairs ready to step in to void his passport.
14.09 / 21:13
Blockchain
Citi
Digital
Huobi
Busan adds Huobi to list of digital exchange development partners
The South Korean city of Busan has added Huobi Global to its list of crypto exchanges that will help develop the city’s first Digital Currency Exchange.
14.09 / 19:29
FIVE
Terraform Labs
Terra Co-Founder Do Kwon Faces Arrest Warrant in South Korea
As reported by Bloomberg, Do Kwon, Terra's co-founder, and five others have been served an arrest warrant following UST's crash in May of 2022. According to a text message from the prosecutor's office in Seoul, the arrest is based on allegations that include violations of the nation’s capital markets law. Neither Do Kwon nor South Korea’s Supreme Prosecutors’ Office has issued a statement at the time of writing. Following the news, LUNA's price has decreased by 45% to $2.40. Additionally, the market cap has fallen 42% to $413.2 million.
14.09 / 19:21
FIVE
Cooper
HANS
Terraform Labs
Is South Korea getting ready to arrest Do Kwon- Decoding details
Due to the South Korean government’s request for his arrest, Do Kwon, the founder of Terraform Labs, is in grave danger. The cryptocurrency market lost $40 billion as a result of Terra’s stablecoin USTC and Terra Classic LUNC collapsing.
14.09 / 13:31
Provident
Southern
Terra
Luna
Is LUNA a Security? South Korean Prosecutors Want to Know the Answer
South Korean prosecutors are looking into whether Terra Luna Classic or LUNC (formerly LUNA) can be considered a security – as they continue their probe into Terraform Labs and Terra ecosystem coins.
14.09 / 13:11
Lowe's
FIVE
Platform
Seoul Court Issues Arrest Warrant for Do Kwon and 5 Others
Do Kwon, the founder of the bankrupt Terraform Labs crypto ecosystem, has been issued an arrest warrant from a court in South Korea.
14.09 / 13:11
Waves
Southern
Luna
Korean Prosecutors Consulting if LUNA Classified "Security"
The probe into Terraform Labs by South Korean prosecutors is taking a whole new twist as watchdogs are making consultations on how best to classify the collapsed LUNA tokens — now known as Luna Classic (LUNC).
14.09 / 12:55
Digital
CEO
Southern
Luna
[Updated] South Korean Prosecutors Issue Do Kwon Arrest Warrant
South Korean prosecutors have issued an arrest warrant for Do Kwon (real named Kwon Do-hyeong), the co-founder and CEO of Terraform Labs – the firm behind the Terra ecosystem coins LUNA and LUNC. [Updated at UTC 09:03]
14.09 / 12:31
Lowe's
FIVE
South Korea issues arrest warrant for Terra Founder Do Kwon
While the LUNC community rejoices because of a potential comeback for the Terra Luna Classic (LUNC) token, the founder of the Terraform Labs, Do Kwon, is now facing a warrant of arrest from South Korean authorities.
09.09 / 15:53
UPS
Legal
Bitcoin
Jail
Time
Bitcoin-powered Darkweb Drug Dealers Handed Jail Time in South Korea
Drug traders who exchanged narcotics for bitcoin (BTC) using darkweb portals have been handed jail time and suspended sentences as South Korean courts following scores of arrests made earlier this month.
09.09 / 14:35
Ethereum
Man
scam
Bitcoin
Ethlot.me Ethereum Mining ‘Scam Mastermind’ Flees South Korea for the Philippines
The alleged leader of what police believe to be a ethereum (ETH) mining scam masquerading as a bona fide “pool” has fled abroad.
07.09 / 13:03
BTC
Telegram
Bitcoin
South Korean Police Swoop on 86 Suspected Bitcoin-using Drug Traders
South Korean police officers continue to close the net on suspected darkweb-based drug traders – with officers in North Gyeongsang Province arresting 86 people they believe bought or sold narcotics using bitcoin (BTC) as a payments tool.
05.09 / 12:27
Blockchain
Digital
Platform
Software
LG Launches NFT Platform With Hedera Blockchain
South Korea-based digital manufacturer LG Electronics has launched a new NFT platform in collaboration with Hedera blockchain.
01.09 / 20:23
Blockchain
UPS
Bitcoin
Terra (LUNA) Price Prediction 2025-2030: Is $50 in 2030 still a realistic target?
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.
31.08 / 14:41
29.08 / 16:05
26.08 / 11:41
19.08 / 14:13
18.08 / 23:13
18.08 / 05:01
Adoption
Police
Traffic
Korean police seize crypto for unpaid traffic fines in trial
A South Korean town near Seoul has been successfully operating a pilot program that allows police to seize crypto from the exchange accounts of individuals with delinquent traffic fines.
17.08 / 16:03
business
regulation
Terraform Labs
Terra
Lawyers
Do Kwon reportedly hires lawyers in S.Korea to prepare for Terra investigation
Terraform Labs co-founder Do Kwon has reportedly hired a lawyer from a domestic law firm in South Korea just days after claiming the South Korean authorities are yet to reach out to him or file any charges against him.
breaking news about city Seoul
What is the current situation in city Seoul?
In city Seoul, the spotlight is on socially significant developments that affect the region’s daily life.
Where can I find reliable news about city Seoul?
We publish verified updates about the situation in city Seoul, based on information from official representatives.
What shapes the media agenda in city Seoul?
The news landscape of city Seoul is shaped by key decisions by local authorities, reflecting its specific characteristics.
