Korea Crypto News

Lee Jung-hoon apologises for "making it difficult for employees and causing social pressure" as prosecution requests 8-year sentence

After interrogating Do Kwon's aid, Judge Jin-pyo dismissed the arrest warrant saying "it is difficult to see the necessity and significance of the arrest."

South Korean authorities arrested Terra's Head of General Affairs and gave Kwon 14 days to return his passport before it is invalidated.

The Terra community is working on several ideas that could lead to the re-peg of USTC and boost the value of LUNC.

The WSJ reported that a spokesman for the firm claimed the failed Luna crypto asset was not a security, so South Korea’s capital-markets law did not cover it.

The ATOM team announced the reveal of the ATOM 2.0 update to take place on Sept. 26, Cosmos' connection to other chains via Komodo's AtomicDEX integration and much more in this edition of CryptoSlate Wrapped Daily.

Interpol has issued a red warrant for Do Kwon following South Korea's request, obligating law enforcement worldwide to locate and arrest him.

Binance launches Global Advisory Board to support responsible regulation of crypto, Russia's regulators agree to allow crypto use in international payments and much more in this edition of CryptoSlate Wrapped Daily.

In 2020, North Korea implemented a system where authorities started seizing assets of delinquents and selling them if taxes remained unpaid.

South Korean prosecutors have requested the cancellation of Kwon's South Korean passport because he was "on the run" and uncooperative.

Kwon’s arrest warrant is valid for one year and prosecutors are willing to try different tactics to bring to book.

The unnamed man was banned from working in any entity involving minors and the disabled. He also must attend a mandatory program for sexual offenders.

South Korea is developing a set of principles for users to follow in the metaverse to enhance self-identity preservation, safe enjoyment, and sustainable prosperity.

In an interview with CryptoSlate, Anthony Yoon, the general partner at ROK Capital, said that the future of games lies on-chain.

South Korea's President Yoon Suk-yeol has delayed the levy of capital gains on crypto profits, but crypto airdrops are subject to a gift tax of up to 50% under current tax laws as the tokens are received for free.

South Korean government officials say the foreign exchanges could be used to carry out money laundering acts and their users’ data are not safe.

Do Kwon recently claimed South Korean prosecutors were yet to contact him nor file any charges against him.

Coinage will air the first video interview with Do Kwon follwing the Terra collapse. But FatManTerra questions whether it will shed light on what really happened.