South Korea Financial News
19.09 / 00:43
FIVE
Cooper
Luna
LUNA investors may be panicking right now thanks to this Do Kwon update
According to a report, an arrest warrant has been issued by a court in South Korea against the founder of Terraform Labs, Do Kwon, and five others. The report in question went on to say that the allegations against Do Kwon include violations of the country’s capital markets laws, among others.
18.09 / 19:23
Blockchain
UPS
Platform
Terra LUNA Classic [LUNC] Price Prediction 2025-2030: Is $5 a realistic target for LUNC?
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.
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.
18.09 / 14:43
TerraUSD
Terra Luna
NOT
Where is Do Kwon? Terra Luna Boss Claims He’s Not on The Run From Law
Do Kwon, founder of now-defunct blockchain firm Terraform Labs, has broken silence about the recent warrant authorizing his arrest, claiming that he is not on the run from the law.
18.09 / 12:23
Ethereum
Bitcoin price today
avalanche
Bitcoin
500
Crypto Price Today Live: Bitcoin below $20K, Ether breaches $1,500; altcoins tank
Bitcoin plunged below the $20,000 mark, whereas Ethereum sank 10 per cent, recording its biggest loss in the last one month. It broke below $1,500 after the much-awaited software update — the merge. Barring the dollar-pegged USD Coin and Tron, all other major crypto tokens were in the red on Friday. XRP and Avalanche dropped about 4 per cent each. The global cryptocurrency market cap was trading significantly lower at $959.65 billion, dropping more than 3 per cent in the last 24 hours. However, the total trading volume gained as much as 8 per cent, close to $84.22 billion.
18.09 / 10:33
regulation
Metaverse
South Korean ministry recommends enactment of special Metaverse laws
The Ministry of Science and ICT (MSIT) of South Korea revealed plans to move away from imposing traditional video gaming laws on the Metaverse. Instead, the ministry decided to issue new guidelines for incentivizing the growth of the budding ecosystem.
18.09 / 00:07
UPS
CoinMarketCap
Terra Luna
LUNA’s 8% surge may be noteworthy but a trip down south may be on the cards
Terra LUNA founder Do Kwon could be facing the heat despite acting like the South Korean arrest warrant was not his concern. In a new turn of events, things seemed to be working against Kwon after a Bloomberg report showed that he was facing challenges in far-away Singapore.
16.09 / 18:13
16.09 / 17:17
16.09 / 06:21
business
cryptocurrency
crypto news
Bitcoin
Bitcoin Down
Cryptocurrency Prices Today September 16: Bitcoin down 3.29%, biggest laggard
Major cryptocurrencies traded in the red early today on September 16 as the global crypto market cap declined 2.71 percent to $960.06 billion over the last day. On the other hand, the total crypto market volume jumped 9.49 percent to $84.26 billion during the last 24 hours.
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.
15.09 / 19:19
cryptocurrency
cryptocurrency market
South Korea seeks to arrest developer of failed cryptocurrency Luna
A South Korean court has issued an arrest warrant for Do Kwon, the primary developer of cryptocurrencies Luna and TerraUSD, whose spectacular collapse in May roiled crypto markets around the world.
15.09 / 17:01
cryptocurrency
avalanche
Bitcoin
Bitcoin Price
Crypto Price Today Live: Bitcoin stays above $20,000; Shiba Inu & Avalanche shed 3% each
Bitcoin managed to hold $20,000 levels. The latest red-hot inflation numbers have put global investors on edge about the potential actions by the US Fed in its meeting next week. The FOMC is likely to push interest rates by 75 basis points, while a 100-bps hike can not be ruled out. Barring the US dollar-pegged Tether, all other major crypto tokens were trading lower on Thursday. Shiba Inu and Avalanche dropped 3 per cent each, whereas Bitcoin, Polkadot and Polygon shed 2 per cent each. The global cryptocurrency market cap was trading lower at $990.19 billion, dropping almost a per cent in the last 24 hours. However, total trading volume tumbled as much as 23 per cent, close to $78.30 billion.
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.
15.09 / 00:13
Blockchain
defi
Terra Usd
Terra Luna
Terra Classic
Apollo DAO to close vaults on Terra Classic
Around the same time that a South Korean court issued an arrest warrant for Terra co-founder Do Kwon, Apollo DAO, a decentralized autonomous organization building on the Terra blockchain, said it was closing down its vaults on Terra Classic (LUNC) — formerly Terra (LUNA). The project's developers wrote:
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 / 14:16
FIVE
Man
Terra Luna
Arrest warrant issued for Do Kwon, the man allegedly behind the $45 billion Terra Luna collapse
An arrest warrant for Do Kwon, the co-founder of the defunct stablecoin issuer Terraform Labs, which was responsible for many losing their life savings after investing in crypto, has been issued by a South Korean court.
14.09 / 13:39
UPS
Racing
Battery Recycling Race Heats Up After Inflation Reduction Act
The world’s biggest auto makers are betting that recycled material from old batteries will help supply the metal they need to build electric cars. The latest wager is on a startup that says it can take advantage of the Inflation Reduction Act.
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.
what's happening in South Korea
What is the current situation in South Korea?
In South Korea, the spotlight is on major events that spark public discussion.
Where can I find reliable news about South Korea?
We publish reliable reports about the situation in South Korea, based on information from official representatives.
What shapes the media agenda in South Korea?
The news landscape of South Korea is shaped by the region’s internal dynamics, reflecting its local way of life.
