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South Korea

Do Kwon in the target view, hes putting his hands up in midst of fire. Gary Gensler thinking what to do with him.
Regulations
SEC Targets Terra Co-Founder with LUNA, USTC Collapse Lawsuit

The SEC is inquisitive about Chai Corporation’s alleged interconnection with TerraForm Labs.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Polygon (MATIC) in South Korea.
Polygon (MATIC)
Polygon Expands South Korean Presence with SK Telecom Partnership

Polygon Labs’ latest effort involves South Korea's largest telecommunication company.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Metaverse music festival
Press Releases
Seoul Web3 Festival and Hackathon Concludes Successfully, with Cronos Labs as Blockchain Partner and Jury Member

Seoul Web3 Festival reached a successful conclusion today after 3 days of hackathon, start-up demonstrations and NFT exhibition.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
A woman pointing towards a huge XRP coin above a city in South Korea.
Ripple (XRP)
Ripple’s SEC Victory Paves Way for South Korea XRPL Expansion

Ripple has partnered with Catalyze Research to expand XRPL adoption in South Korea's booming blockchain market.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Three agents standing outside of Crypto Crime Agency.
Regulations
South Korea Unveils Multi-Agency Team to Tackle Crypto Crimes

The team will fill the role of regulator until an appropriate agency is set up.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Korean man posing in an anti-Do Kwon T-Shirt infront of a smoke cloud in Terra Luna colours.
Regulations
South Korean Crypto Bill Aims to Prevent Repeat of Terra-Luna

South Korea's response to the Terra Luna crisis is a groundbreaking crypto bill that tackles regulation comprehensively.

by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Man standing in a purple land and touching a massive electricity ball with his finger.
Press Releases
Upcoming Web3 X Metaverse Conference, ‘Seoul Meta Week 2023’

Seoul Meta Week 2023, Asia’s renowned Web3 X Metaverse conference, is set to take place on June 29th - 30th
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Daniel Shin looking confused in the courtroom.
Regulations
South Korea Confirms TerraForm Labs Co-Founder Trial Date

The court hearing is set for late May, unexpectedly changing plans for the South Korean entrepreneur.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Do Kwon with arms crossed is wearing an orange prison suit and is sitting on the floor in the corner of a prison cell.
Altcoins
Do Kwon Marches Closer to Extradition Amid LUNC, LUNA Crisis

LUNA breaks down to an all-time low as Do Kwon is looking at 40 years of prison in the motherland.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
A man shouting on the phone while holding a golden egg nest surrounded by a cartoon beam with steam coming out of his mouth.
Regulations
South Korean Sleuths Indict Terra Co-Founder, Uncovering Do Kwon’s $8.6M Nest Egg

The special task force is digging deep for Terra’s nest eggs as Do Kwon faces a gloomy year in Montenegro.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Sad Do Kwon stare at his frozen Bitcoins.
Regulations
South Korean Authorities Move to Freeze Do Kwon’s Terra Profits

Do Kwon reportedly converted his assets to Bitcoin, currently held on Binance.

by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Do Kwon in handcuffs, surprised by the harsh treatment in Montenegro's standard medical quarantine.
Regulations
Crypto Outlaw Do Kwon Tells Cops He Expects Luxury Treatment

The medical quarantine facility in Montenegro doesn’t meet Do Kwon’s high standards of living.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Ripple CEO Brad Garlinghouse standing on top of The Gyeongbukgung Palace in South Korea
Regulations
Ripple Talks South Korean Policy Guidelines in Press Release

Ripple calls for targeted digital asset regulation and clear taxonomy to protect consumers in South Korea.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Press Releases
PlayDapp Buys ProudNet to Bring Reliable, Secure Technology to US Game Market

The PlayDapp team announced the acquisition of ProudNet, the renowned peer-to-peer server network provider.

by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
A man with a file and a pen pointing towards a direction
Regulations
South Korea Unveils Guideline for Regulating Cryptocurrencies as Securities

Authorities in South Korea plan to define cryptocurrencies as financial securities in their regulatory framework.

by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Binance CEO dancing with South Korean flag at the back.
Binance News
Binance Buys Majority in South Korean Exchange GOPAX

According to the Binance CEO, the recent funding of GOPAX will contribute to the further development of South Korea's crypto
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
A handcuffed person is captured in a hand with two robot soldiers running towarsds it
Exchanges
South Korean Prosecutors Arrest Bithumb Executive Over Misappropriation of Funds

The Bithumb executive faces multiple allegations, including illicit transactions, market manipulation, and negligence.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Crypto Exchange Crypto.com Expands In South Korea
Press Releases
Equinoz’s ‘Cybernetics’ Was Sold Out In 4 Minutes On PlayNomm NFT Marketplace

Artwork was sold out at its highest buyout of US$16,000 in 4 minutes
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Purple sculpture of a woman robot being built.
NFTs
Building the Metaverse: How South Korea Made a Winning Blueprint for Infrastructure

South Korea aims to jump seven places in the metaverse market to become the fifth largest by 2026.

by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Angry man being punched by a pink human hand coming out of a computer
Regulations
South Korean Court Clears Former Bithumb President of Fraud Charges in First Trial

South Korean prosecutors charged the former Bithumb President with engaging in fraud through the sale of BXA coins.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
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