South Korea
Do Kwon to Remain in Custody While Montenegro Courts Consider Extradition Request
Courts in the country approved bail for the Terraform Labs founder, but a South Korean extradition request is set to keep him in jail.
South Korean Crypto Yield Platform Haru Invest Pauses Withdrawals and Deposits
The firm blamed the pause on a “certain issue” with one of its service partners, and said it is working on a contingency plan, according to a blog update.
Crypto Exchange Coinone's Former Exec Acknowledges Bribery Charges in South Korea: Report
A lawyer for the accused reportedly said he admits "the facts of the prosecution," during a May 25 trial hearing.
South Korea Lawmakers Pass Law Requiring Officials to Disclose Crypto Holdings: Report
The new rule was fueled by conflict of interest worries.
South Korea's Ruling Party Calls to Expedite Bill on Lawmakers' Crypto Disclosures: Report
A bill requiring lawmakers and officials to declare crypto assets was due to take effect in December, following allegations made against the opposition party's Kim Nam-kuk.
South Korea Probes Crypto Exchanges Upbit, Bithumb on Ex-Lawmaker's Transfers
Lawmaker Kim Nam-kuk resigned from the main opposition party after his crypto transfers incited controversy.
Attorneys for Terraform Labs Founder Do Kwon Propose $437K Bail
Attorneys for Do Kwon have proposed that the Terraform Labs founder be let off on supervised bail at 400,000 euros ($437,000) as he faces charges in Montenegro for attempting to travel with falsified documents. "The Hash" panel discusses the latest developments as Kwon faces extradition to the U.S. or South Korea.
South Korea Authorities Investigate Lawmaker Over Suspicious Crypto Transfers: Report
Local media reports Democratic Party lawmaker Kim Nam-kuk had previously co-sponsored a bill seeking to defer taxation on crypto profits.
New Report Sheds Light on Korean Crypto Market Trends
A new report from Matrixport reveals there is a dominance of altcoins in South Korea currently. Matrixport's Head of Research and Strategy Markus Thielen breaks down which of these tokens are translating into success outside of Korea, citing Ripple's XRP and Aptos Labs' APT token.
Terra Co-Founder Daniel Shin Indicted in South Korea: Bloomberg
Shin was indicted with nine others as prosecutors froze $185 million in assets.
