South Korea

South Korea

Policy

Do Kwon Retained Law Firm in South Korea Before Terra's Collapse: Report

South Korean prosecutors confirmed a report that Kwon sent $7 million to a local law firm in the months leading up to his venture's dramatic fall.

Terra Community AMA with Do Kwon (April 2021)  (Terra, modified by CoinDesk)

Policy

Employees of South Korean Crypto Exchange Coinone Arrested: Report

They allegedly took money in return for listing certain tokens on the exchange.

(Shutterstock)

Tech

S. Korean Crypto Exchange Gdac Hacked for Nearly $13M

The exchange said hackers transferred the crypto assets from a hot wallet to an unidentified wallet.

Fingers rest on a computer keyboard. (Shutterstock)

Policy

Do Kwon's Millions Are Not in South Korea, Prosecutors Say: Report

South Korea has requested the extradition of the Terraform Labs CEO after his recent arrest in Montenegro.

Terra Community AMA with Do Kwon (April 2021)  (Terra, modified by CoinDesk)

Finance

Alchemy Pay Raises $10M at $400M Valuation to Push South Korean Expansion Plans

The funding came from DWF Labs, its eighth investment of $10 million or more in the last six weeks.

(Elena Mozhvilo/Unsplash)

Markets

XRP Trading Volumes Surges to Billions of Dollars on South Korean Crypto Exchanges

XRP trading made up nearly 50% of all volume on Korbit, a prominent local exchange.

XRP took off while other cryptos flatlined. (SpaceX/Unsplash)

Videos

Do Kwon Extradition Requested by U.S., South Korea: Montenegro Justice Minister

The U.S. and South Korea have both requested for the extradition of TerraForm Labs founder Do Kwon, according to Montenegro's Justice Minister Marko Kovac. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the latest developments.

Recent Videos

Tech

North Korea Hackers Likely Exploit Cloud Mining to Launder Stolen Crypto, Research Shows

The APT43 group steals crypto to fund operations and launders it through cloud mining services.

(Azamat E/Unsplash)

Policy

South Korea’s Crypto Firms Will Have to Self-Regulate Under New Guidance

The guidance requires interested parties, such as issuers and brokers, to determine whether or not a token is a security.

The National Assembly Proceeding Hall at Seoul, South Kore (efired/Getty)

Policy

South Korea Blacklists North Korean Crypto Thieves, Flags Wallet Addresses

The government sanctions targeted four individuals and seven institutions – some with alleged ties to the elite North Korean hacking group Lazarus.

(Towfiqu Barbhuiya/Unsplash)