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Korean
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Yoo Mo, who doubled as Do Kwon’s aide, was reportedly arrested within the early hours of 6, following an arrest warrant issued on was accused of utilizing bots to inflate the costs of the LUNA token, in…
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Bitcoin NewsNews
Korean police reportedly arrest first particular person concerned in Terra collapse
by Jeremyby JeremyThe information in regards to the arrest of Yoo Mo, the pinnacle of the enterprise group of Terraform Labs, appeared in Korean media on 6, later the district prosecutor Choi Sung-kook confirmed the knowledge to The Seoul Southern…
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Blockchain
Terraform Labs Calls Korean Authorities’ Arrest Warrant for Do Kwon Overreach: Report
by Jeremyby JeremyA Terraform spokesperson claimed that its Luna cryptocurrency wasn’t a safety, that means it wasn’t lined by South Korea’s capital-markets Supply hyperlink
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Exchanges
S. Korean Authorities Look to Freeze $67M Bitcoin Tied to Terra's Do Kwon
by Jeremyby JeremyInterpol has issued a Purple Discover for Kwon’s provisional arrest pending extradition as a worldwide seek for the Terraform Labs co-founder Supply hyperlink
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Bitcoin NewsNews
South Korean gov has confiscated 260B received in crypto for non-payment of taxes since 2021
by Jeremyby JeremyOne particular person residing in Seoul, dubbed “Individual A,” had billion received (roughly million) price of tax arrears and his cryptocurrency trade account wseized by the The account contained billion received (about million) of digital…
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Altcoin NewsNews
Korean crypto financial institution companions with Blockdaemon to supply retail staking companies
by Jeremyby JeremyDelio’s staking companies develop its current crypto-bank choices, which embrace lending, deposits and deposit accounts, the corporate introduced The brand new service providing is powered by blockchain infrastructure supplier Blockdaemon, which gives a collection of institutional staking Whereas…
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Exchanges
Korean tax authorities seize $185M price of crypto from tax evaders since 2021
by Jeremyby JeremyWithin the second half of 2020, tax authorities applied a system of seizing the digital property of tax delinquents to strain them to pay The authorities seized the delinquents’ accounts or property primarily based on data obtained from the…