KoreaTimes - Cryptocurrency

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Cryptocurrency

Sun, June 4, 2023 | 00:17

Paycoin delisted from cryptocurrency exchanges

Paycoin delisted from cryptocurrency exchanges

Local cryptocurrency Paycoin has been delisted from Korea's top five cryptocurrency exchanges, meaning that around three million Paycoin users will no longer be able to make transactions on these exchanges starting from April 14.

Lee Yeon-woo | 2023-04-02 15:01

Regulator fines exchanges over irregular crypto trades

Regulator fines exchanges over irregular crypto trades

Financial authorities announced that Korea's five cryptocurrency exchanges have neglected their duty to monitor irregular crypto trading practices. These exchanges were fined and given disciplinary warnings and have been instructed to implement improvements within the next three months.

Lee Yeon-woo | 2023-03-30 16:14

Terraform Labs co-founder's extradition could be delayed more than 1 month

Terraform Labs co-founder's extradition could be delayed more than 1 month

The extradition of Do Kwon, the co-founder and CEO of the now infamous Terraform Labs, could be delayed by more than a month, as his legal representative expressed the intent of appealing against the upcoming judgment from the first trial in Montenegro where he is in custody on charges of passport forgery.

Lee Min-hyung | 2023-03-29 16:41

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.

Lee Min-hyung | 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.

Lee Min-hyung | 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

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