Crypto News

South Korean Regulator Selects Bithumb for On-Site Inspections Following New Virtual Asset Regulations

South Korean Financial Supervisory Service (FSS) has selected cryptocurrency exchange Bithumb as the first candidate for on-site inspections of virtual asset service providers.

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Crypto Scammer Arrested By South Korean Police Despite Changing Face And Wearing Wigs

South Korean police have arrested a crypto scammer that stole over 16 billion won (about $15.6M) in a fraud scheme. South Korean authorities.

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Two South Korean Tech Execs Arrested in $365 Million Crypto Fraud

South Korean authorities have arrested the CEO of Wacon, Byun Young-oh, and Vice Chairman Yim Mo-Soo for their roles in a large-scale crypto.

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South Korean Prosecutors Shut Down $1.3M Crypto Mining ‘Scam’

South Korean prosecutors have indicted an unnamed man they suspect of orchestrating a $1.3 million crypto mining “scam.” According to Asia Kyungjae, prosecutors.

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South Korean Police Arrest 70 In Raid On ‘Crypto-powered Drug Dealers’

South Korean police continue to wage war on crypto-powered drug crime, with officers in Seoul arresting 70 people. Per Seoul Kyungjae, the group.

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South Korean Crypto Fraudster’s 10-year Jail Sentence Upheld in High Court

A South Korean crypto fraudster will serve 10 years in jail after the High Court upheld his original sentence. Per the media outlets.

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New Rules May Force South Korean Crypto Exchanges May Delist Hundreds Of Altcoins

South Korean crypto exchanges could delist “hundreds of altcoins” this year, with financial authorities ready to step up new rules for policing the.

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South Korean Lawmakers Consider ‘Abolishing’ Crypto Tax Law

South Korean lawmakers may consider “abolishing” a new crypto tax law, six months before it even comes into force. According to Hanguk Kyungjae,.

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South Korean Tech Giants Naver And Kakao Aim to Launch Their Token in June

The South Korean tech giants Naver and Kakao are set to finalize their blockchain merger plans with a token launch in June. According.

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South Korean ‘Crypto Fraudsters’ Duped Financier Out Of $4.1m

Suspected South Korean crypto fraudsters allegedly fooled a wealthy financier into parting with over $4.1 million, the nation’s police force said on March.

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