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Tue, March 28, 2023 | 07:32
Prosecutors seek arrest warrant for Terraform co-founder Shin for 2nd time
Prosecutors seek arrest warrant for Terraform co-founder Shin for 2nd time
Prosecutors on Monday requested an arrest warrant for Daniel Shin, a co-founder of Terraform Labs, for allegedly obtaining illegal profits before its cryptocurrencies collapsed massively last year.The Seoul Southern District Prosecutors Office previously sought an arrest warrant in November, but the court rejected the request, saying he would not be a flight risk or destroy e...
2023-03-27 20:54
Korean crypto investors want Do Kwon punished in US
Korean crypto investors want Do Kwon punished in US
Korean crypto investors' sentiment is growing that Do Kwon ― the founder of the now-defunct Terra-Luna ecosystem ― should be detained and punished in the United States. Kwon was arrested in Montenegro last week, but his possible repatriation to Korea has not been confirmed, as U.S. and Singaporean authorities also filed suits against the scandal-tainted Luna coin developer.
2023-03-27 16:47
Do Kwon, Korea's crypto 'genius' turned disgraced fugitive
Do Kwon, Korea's crypto 'genius' turned disgraced fugitive
Once hailed as a genius, Korean entrepreneur Do Kwon - now facing multiple criminal charges over his failed cryptocurrency - was a brash industry figure whose fame disintegrated into global notoriety.
2023-03-25 18:36
  • What's next for Terra founder Do Kwon?
Montenegro charges crypto fugitive Do Kwon with forgery
Montenegro charges crypto fugitive Do Kwon with forgery
Prosecutors in Montenegro charged fugitive cryptocurrency entrepreneur Do Kwon with forgery, Friday, with South Korean officials vowing to press for his extradition.
2023-03-25 10:36
  • Do Kwon, Korea's crypto 'genius' turned disgraced fugitive
  • What's next for Terra founder Do Kwon?
What's next for Terra founder Do Kwon?
What's next for Terra founder Do Kwon?
The arrest of Do Kwon, founder of the ill-fated Terra-Luna ecosystem, made headlines, but it remains unclear when Korean investigators will be able to repatriate him, since he was also charged with fraud by U.S. prosecutors.
2023-03-24 17:13
  • Do Kwon, Korea's crypto 'genius' turned disgraced fugitive
Crypto founder Do Kwon is indicted in US, following Montenegro arrest
Crypto founder Do Kwon is indicted in US, following Montenegro arrest
Do Kwon, the cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion or more last year, has been charged with fraud by U.S. prosecutors.
2023-03-24 08:58
  • Korea to seek extradition of crypto fugitive Kwon from Montenegro
Suspected Terraform co-founder arrested in Montenegro: police
Suspected Terraform co-founder arrested in Montenegro: police
A suspect presumed to be the wanted chief of blockchain firm Terraform Labs was arrested in Montenegro, police said Thursday.
2023-03-24 08:30
  • Crypto founder Do Kwon is indicted in US, following Montenegro arrest
Bitcoin extends super-rally amid SVB fiasco
Bitcoin extends super-rally amid SVB fiasco
Bitcoin has extended a surprising super-rally over the past week on the growing likelihood that the U.S. Fed will slow down the pace of further rate hikes in the wake of sequential collapses of overseas financial institutions.
2023-03-19 16:15
Crypto-focused bank Silvergate plans to wind down following blow from FTX
Crypto-focused bank Silvergate plans to wind down following blow from FTX
Crypto-focused bank Silvergate Capital said on Wednesday it planned to wind down operations and voluntarily liquidate after it was hit with losses following the dramatic collapse of crypto exchange FTX, sending its shares down 35 percent in after-hours trade.
2023-03-09 10:48
FSC to crack down on crypto phishing schemes
FSC to crack down on crypto phishing schemes
In a move to root out phishing schemes in the country, the Financial Services Commission (FSC) announced a set of new measures that apply larger protections for victims of phishing schemes involving cryptocurrencies or mobile payment systems. The top financial regulator explained Tuesday that it has formed a taskforce with the prosecution, police, bank association as well as ...
Anna J. Park | 2023-02-28 16:54
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Top 10 Stories
1[ANALYSIS] Tesla, BYD's price cuts unnerve LGES, Samsung, SK ANALYSISTesla, BYD's price cuts unnerve LGES, Samsung, SK
2Yoo Ah-in appears before police over alleged use of illegal drugs Yoo Ah-in appears before police over alleged use of illegal drugs
3US aircraft carrier to visit Busan amid NK provocations US aircraft carrier to visit Busan amid NK provocations
4Families of foreign construction workers can receive retirement pay: court Families of foreign construction workers can receive retirement pay: court
5Indonesian investment minister promotes EV cooperation with Korea Indonesian investment minister promotes EV cooperation with Korea
6Korean crypto investors want Do Kwon punished in USKorean crypto investors want Do Kwon punished in US
7Nongshim plans to build plant in eastern US region Nongshim plans to build plant in eastern US region
8Gimpo-China flights recover to pre-pandemic levels Gimpo-China flights recover to pre-pandemic levels
9Right-wing Japanese support Seoul-Tokyo ties: Korean envoy to JapanRight-wing Japanese support Seoul-Tokyo ties: Korean envoy to Japan
10Local bank stocks hit by shockwaves from SVB, CS collapses Local bank stocks hit by shockwaves from SVB, CS collapses
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