Updates on exchange rules, enforcement, investor trends, and Korea’s active crypto trading culture.
Vitalik Buterin believes a proof-of-work hard fork of Ethereum is being pushed by "people who own exchanges trying to make a quick buck."
A foreign employee of South Korea-based Busan Bank stole customers funds and invested it into Bitcoin, according to local media reports.
The Ministry of Justice has issued a "notification upon arrival" notice to Do Kwon while Daniel Shin is restricted from leaving the country.
South korean prosecutors want to be informed in case Terra's Do Kwon enters the country.
The two companies have reportedly been in talks for months, and there are indications of the negotiations being at an advanced stage.
Government officials tied their decision to postpone the crypto tax to the stagnant market condition and the lack of an investor protection system.
The investigation team also raided eight other locations and seized transaction records and other materials.
South Korea and the United States have agreed to share investigation data about the Terra network crash.
Terraform Labs employees are banned from leaving South Korea as the prosecutors office explores charging Do Kwon with fraud and other crimes.
