South Korea Financial News
07.07 / 07:27
06.07 / 14:13
regulation
crimes
Korea and US agree to share investigation data on Terra-Luna
South Korean justice minister Han Dong-hoon was in New York recently to discuss various ways in which the two nations can corporate on investigations associated with financial crimes, especially crypto-related crimes.
01.07 / 23:41
Society
Police
Bitcoin
Media & Police Investigate Crypto Links as Family Found Dead in South Korean Sea
Police in South Korea investigating the deaths of a 10-year-old child named Cho Yu-na and both of her parents have announced that the family had made numerous bitcoin (BTC) investments, but denied there was any evidence of luna classic (LUNAC) investments.
01.07 / 20:17
01.07 / 03:45
Legal
stocks
Bankruptcy
South Korean Bankruptcy Court Warns of Coming Surge in Crypto-related Cases
South Korean courts are bracing for a wave of crypto-related bankruptcies – and have created a “working rule” that will help them deal with cases involving individuals who have fallen foul of crypto investments gone wrong.
29.06 / 14:05
Ethereum
Hackers
Bitcoin
Crypto market crash wipes out millions from North Korea's stolen crypto funds
North Korea leads the world in crypto crime, with over 15 documented instances of cyber theft amounting to $1.59 billion in stolen funds. However, the recent crypto market turmoil has wiped out millions of dollars from the country’s stolen crypto portfolio.
29.06 / 11:07
CryptoExplainer
crypto news
Cryptocurrecny
Crypto Crash Threatens North Korea's Stolen Funds And Weapons Programme: Report
Crypto crash threatens North Korea's stolen funds as it ramps up weapons tests
29.06 / 03:21
cryptocurrency
IPO
banking
Neobank K-Bank May Have to Postpone IPO Plan as Crypto Winter Bites
An up-and-coming South Korean bank appears to be suffering from the crypto market’s volatility – and may have to shelve its initial public offering (IPO) plans if crypto winter continues.
28.06 / 03:33
scam
Legal
phishing
Crypto Exchange That Hosted a Scammer’s Wallet Is ‘Not Liable’ For Victim’s Losses, Court Rules
A South Korean judge has ruled that a domestic crypto exchange is not liable for the actions of a voice phishing scam gang who transferred their victims’ coins onto its platform.
27.06 / 20:47
Target
CEO
Tesla
Luna
Anonymous threatens Terra’s Do Kwon with ‘justice’ in new video
On the back of LUNA and UST’s collapse in May, hacktivist collective Anonymous has vowed to “make sure” Terra Co-founder Do Kwon is “brought to justice as soon as feasible.”
27.06 / 17:27
Ethereum
Police
Bitcoin
Police Investigate Ethereum, Bitcoin Mining ‘Pool’ Following ‘Scam’ Allegations
South Korean police are investigating allegations that a domestic bitcoin (BTC) and ethereum (ETH) crypto mining “pool” is a scam.
24.06 / 03:57
Crime
security
scam
SIM Swaps, Other Crypto-related Crimes Set to Rise in South Korea, Says SK
A South Korean telecommunications giant has claimed that SIM swap-type crypto attacks are on the rise in the country – and has predicted a rise in all crypto-related crime cases in the second half of 2022.
23.06 / 21:37
Blockchain
Digital
CEO
Terra Classic
Luna
Do Kwon roots for a ‘stronger’ Terra comeback despite…
Despite facing the music over the Terra fiasco, Do Kwon seems to be quite optimistic about the future. The CEO of Terraform Labs recently expressed “great confidence” in rebuilding the empire that crashed last month. Notwithstanding the crypto-market’s recent bearish trajectory.
23.06 / 14:31
Blockchain
Adoption
defi
privacy
Financial
Transparent financial systems won't get real traction, blockchain exec argues
As the conversation around privacy intensified with the recent Litecoin (LTC) upgrade called Mimblewimble and regulators’ reaction to the feature, Adrian Brink, the founder of blockchain protocol Anoma, weighed in on the topic and shared his perspectives to Cointelegraph.
23.06 / 12:21
regulation
Legal
Terra
Do Kwon Says He’s No Fraudster and Has ‘Great Confidence’ in Terra 2.0
Do Kwon, the co-founder of Terraform Labs has spoken out about the Terra 2.0 network, which was launched in the wake of last month’s devastating luna classic (LUNAC) and terraUSD (UST) crash.
22.06 / 12:09
cryptocurrency
Aware
Luna
South Korea Puts This Crypto Company's Staff On No-Fly List
TerraUSD's paired token, Luna, plunged in value last month.
21.06 / 12:23
Lowe's
Target
Inflation Outpaces Forecasts in Australia and South Korea
Policy makers in Australia and South Korea warned that inflation was rising faster than expected, and the head of Australia’s central bank said it would take years for it to return to normal levels.
21.06 / 03:21
wallet
Legal
Bitcoin
South Korean Court Exonerates Bitcoiner Who Received BTC 200 by Mistake
A bitcoin (BTC) wallet owner who received almost BTC 200 (USD 4.16m) by accident has been absolved of blame by a branch of the South Korean High Court, which overturned two previous rulings in doing so.
20.06 / 23:47
Legal
Terra
Terraform Officials Banned from Leaving South Korea as Do Kwon ‘May Apply for Singaporean Citizenship’
South Korean prosecutors have banned an unspecified number of current and/or former Terraform Labs officials, including developers, from leaving the country.
20.06 / 18:33
European Union
Refugees
Swimming
Why do central banks raise interest rates to curb inflation?
It's all going up: electricity, diesel, vegetables, the Internet, hotels, flights, and now, interest rates.
20.06 / 16:15
business
Blockchain
Stablecoin
investigation
South Korean prosecutors ban Terra employees from exiting the country: report
Terra (LUNA) employees are reportedly unable to leave South Korea as the country's prosecutors imposed a departure ban on key developers of the project.
breaking news about South Korea
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