South Korean ‘Smart’ Traders Accused Of $3.2B Crypto Exploitation, Acquitted
Smart South Korean traders allegedly exploited the price gap between South Korean and overseas crypto exchanges – arbitrage trading. These traders amassed estimated.
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Life Imprisonment For South Korean Crypto Criminals Who Steal More Than Five Billion Won ($3.8 Million)
Depending on the weight of the offense, South Korean crypto criminals who steal more than five billion won may be sentenced to life.
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South Korea Financial Authorities Probes Crypto Exchange OKX for Alleged Illegal Operations
South Korea’s financial authorities are investigating global crypto exchange OKX for potentially illegal operations within the country, according to local news reports. This.
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South Korea FSC Proposes New Legislation Mandating Vetting Process for Crypto Sector
South Korea’s Financial Services Commission (FSC) has proposed new legislation to its financial regulations that would give the watchdog more authority over the.
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Han Chang-joon, The Former CFO Of Terraform Labs, Has Been Extradited To South Korea
Han Chang-joon, the former financial officer of Terraform Labs, has been extradited to South Korea from Montenegro, where he had been held since.
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Somesing Social Karaoke Platform Hacked For Over $11.5 Million
South Korea’s crypto Karaoke platform, Somesing, has been hacked for over $11.5 million. The platform said it is working with the local police.
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The Office Of South Korea’s President Has Warned Financial Regulator Against Approving Spot Bitcoin ETF
The office of South Korea’s president has urged the country’s financial regulator to reconsider the possibility of approving a local spot bitcoin exchange-traded.
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South Korea Will Not Lift Ban On Crypto ETFs Despite US Approval
South Korea has reiterated the ban on crypto ETFs despite US approval. South Korea has no intention of following in the footsteps of.
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South Korea Proposes A Ban On Purchasing Crypto With Credit Cards
The Financial Services Commission of South Korea has proposed a ban on using credit cards for purchasing crypto. The overall goal is to.
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South Korea Proposes New Regulations For Digital Assets
South Korea’s top financial regulator has proposed new crypto asset regulations concerning non-fungible tokens (NFTs), interest on deposits, and mandatory cold wallet holdings..