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Hong Kong Protects Local Currency in Forex Market Amid Capital Flight to US Dollar

Following the Bank of England explaining that it would be meddling in U.K. bond markets and the Bank of Japan defending the yen in the foreign exchange market last week,…

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Terraform Labs Accuses South Korean Officials of Prosecutorial Overreach: WSJ

Singapore-based company Terraform Labs has stated that South Korean prosecutors exceeded the limits of their authority regarding the arrest warrant against the firm’s co-founder, Do Kwon. Terraform Labs also said…

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WSJ: Terraform Labs claims case against Do Kwon is ‘highly politicized’

A spokesperson for the company behind Terra said it believes prosecutors heeled to public pressure and expanded the definition of a security after its associated cryptocurrencies collapsed.

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Terra’s Do Kwon Claims He Is Not Hiding Again, Even After Interpol’s Red Notice

Do Kwon – the notorious Co-Founder of Terraform Labs – said he is “making zero effort to hide” from authorities. His statement comes shortly after the organization that fights international…

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YouTube Channel of South Korean Government Hacked in an Elon Musk-Crypto Scam (Report)

Hackers have reportedly attacked several big-name South Korean YouTube channels in the past few months. After gaining access, most wrongdoers used the platform to upload cryptocurrency-related videos. Among the victims…

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South Korea Seizes $184 Million in Crypto Assets From Alleged Tax Dodgers, Reports Reveal

The government in South Korea has seized cryptocurrency worth around $184 million in two years due to tax arrears, according to local media. The authorities in Seoul started confiscating virtual…

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