South Korea passes cryptocurrency bill to tackle unfair trading
South Korea's crypto bill aims to establish a basis for imposing penalties and liability for damages caused by unfair cryptocurrency trading.
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Swiss Prosecutors Freeze $26M Worth of Do Kwon Assets Following his Prison Sentence (Report)
Swiss prosecutors have reportedly frozen $26 million in cryptocurrencies and US dollars tied to Terraform Labs’ co-founder – Do Kwon, and some of his associates. The former crypto mogul purportedly…
Struggling South Korean Crypto Yield Platform Dismisses Over 100 Employees (Report)
Haru Invest – a South Korean platform that provides various options to invest in cryptocurrencies – will reportedly lay off more than 100 members of its workforce. The layoffs will…
Do Kwon gets 4 months in prison in Montenegro on fake passport charges
Terraform Labs founder sentenced to four months in jail after being found guilty of using a false Costa Rican passport.
Do Kwon’s Detention in Montenegro Could be Extended by Another 6 Months (Report)
The authorities of Montenegro reportedly consider extending Do Kwon’s custody in the country for another six months before taking an official decision on his possible extradition. The homeland of Terraform…
SEC argues against Dentons’ motion to dismiss Terraform and Do Kwon’s lawsuit
Lawyers for Terraform Labs and Do Kwon used a U.S. Congress hearing, Binance.US complaint and Hinman emails documents to dismiss the SEC lawsuit.
South Korean Crypto Lender Suspends Withdrawals
Delio, a major South Korean cryptocurrency lending platform, has suspended withdrawals temporarily on its platform, claiming that the measure was taken in connection with another local crypto company, Haru Invest,…
Haru Invest files criminal complaint against consignment operator
The South Korean yield platform said it has filed a criminal complaint against B&S Holdings and plans to initiate civil proceedings as well.
South Korean Bitcoin lending platform Delio pauses withdrawals
The virtual asset manager and lending platform suspended withdrawals following challenges at Haru Invest, a similar entity.
OpenAI CEO highlights South Korean chips sector for AI growth, investment
Sam Altman confirmed ongoing discussions with chipmaking companies like Samsung Electronics and expressed his willingness to further engage in the dialogue.
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