South Korea
Crypto Exchange Operator Bithumb Investigated by South Korean Tax Authorities: Report
The former chairman of Bithumb Holdings, which operates a crypto exchange in the country, was recently acquitted of fraud charges.
Former Bithumb Chairman Acquitted in $100M Fraud Case
Prosecutors in South Korea were seeking an eight-year prison sentence for Lee Jung-Hoon, who was acquitted in the first court hearing.
DeFi Infrastructure Provider Sooho.io Raises $4.5M for Bridging Blockchains
The South Korean company will use the funds to develop a range of blockchain tools for building decentralized finance applications that link the country's independent crypto networks.
Terra's Do Kwon Is in Serbia, CoinDesk Korea Reports
The Terraform Labs co-founder is wanted in South Korea, backed by Interpol.
South Korean Court Denies Injunction Against Crypto Exchanges for Delisting Metaverse Token Wemix: Report
The wemix token is trading 90% lower than this time last month after it was delisted by several exchanges.
South Korea’s Central Bank Wants to Oversee Stablecoins
The country joins other jurisdictions in proposing standards for stablecoin issuance.
S. Korean Judge Dismisses Arrest Warrant for Terra Co-Founder Shin
An arrest warrant for Do Kwon, another co-founder, remains in effect, however.
Q3 Profit at South Korean Crypto Exchange Upbit's Parent Slides 73%
The firm was hit by a market decline and lower trading volume.
South Korean Prosecutors Raid Terra Co-Founder's Company in UST Probe
Officials said they suspect Chai Corp. leaked customer information to Terraform Labs.
FTX Fallout Adds Urgency to South Korea’s Push for Crypto Regulations: Report
An official at the Financial Services Commission says that unfair trade needs to be regulated.
