Crime
Do Kwon reportedly located in Serbia
Korean Ministry of Justice is asking Serbia to issue an arrest warrant for Terraform Labs founder Do Kwon.
Zeynep Geylan 2 min read 
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Zeynep Geylan 2 min read 
Adoption
Busan collaborates with Crypto.com and Gate.io to advance blockchain aspirations
As part of Busan's numerous efforts to embrace blockchain, the city has signed a business agreement with crypto exchanges, Crypto.com and Gate.io.
Regulation
South Korea’s financial watchdog to monitor crypto whales on adherence to anti-money laundering laws
South Korea's Financial Services Commission will look into virtual asset exchanges and customers who hold significant portions of single-listed coins and stablecoins to prevent money laundering.
More South Korea Crypto News & Analysis
Legal
Bithumb owner to receive 8-year jail term for $70M fraud – local media
Lee Jung-hoon apologises for "making it difficult for employees and causing social pressure" as prosecution requests 8-year sentence
Regulation
South Korean court dismisses arrest warrant for Do Kwon’s aide
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."
Legal
South Korea tightens circle on Do Kwon, arrests his aide
South Korean authorities arrested Terra's Head of General Affairs and gave Kwon 14 days to return his passport before it is invalidated.
People
Do Kwon deems news of $40M crypto freeze a ‘falsehood’
The Terra community is working on several ideas that could lead to the re-peg of USTC and boost the value of LUNC.
Crime
Terraform deems South Korea’s Do Kwon arrest warrant ‘unfair’
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.
Crypto
CryptoSlate Wrapped Daily: LUNA’s Do Kwon says he is not in hiding after Interpol issues red warrant; Miners abandoning POW tokens
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.
Latest South Korea Crypto News Headlines
People
Interpol issues worldwide arrest warrant for Do Kwon
Crypto
CryptoSlate Wrapped Daily: Lebanon turns to crypto amid bank closures; FTX seeks to raise $1B; Zilliqa launches web3 gaming console
Taxes
Korean tax authorities seize $185M worth of crypto from tax evaders since 2021
People