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Korean authorities orders freeze of $67M of Bitcoin tied to Do Kwon

South Korean authorities have requested crypto exchange OKX and Kucoin to freeze 3,313 Bitcoin (BTC) reportedly tied to Do Kwon, the co-founder of Terra blockchain developer Terraform Labs.Kwon, who is currently on the run from the Korean authorities in the securities violation case, reportedly created a new wallet on Sept.

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South Korean authorities ask Interpol to issue ‘Red Notice’ for Do Kwon: Report

South Korean prosecutors have reportedly requested Interpol intervene in their case against Terra co-founder Do Kwon by issuing a 'Red Notice' — suggesting global law enforcement agencies may attempt to find and detain him.According to a Monday report from the Financial Times, the Seoul Southern District prosecutors’ office said it

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Luna Founder Do Kwon Isn’t in Singapore, Police Say After South Korean Court Issues His Arrest Warrant – Featured Bitcoin News

Terraform Labs founder Do Kwon is not in Singapore, local police say. Accused of fraud after the collapse of cryptocurrencies luna and terrausd, he is wanted in South Korea after a court issued an arrest warrant for him. However, Kwon insists that he is not “on the run.” Police Say Do

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South Korean ministry recommends enactment of special Metaverse laws

The Ministry of Science and ICT (MSIT) of South Korea revealed plans to move away from imposing traditional video gaming laws on the Metaverse. Instead, the ministry decided to issue new guidelines for incentivizing the growth of the budding ecosystem.South Korea’s interest in garnering Web3 and the Metaverse ecosystems is

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South Korean prosecutors apply to revoke Do Kwon and other Terra employees’ passports

According to local news outlet gynews.kr, the Seoul Southern District Prosecutors' Office's Joint Financial Securities Crime Investigation Team says it will be contacting the country's Ministry of Foreign Affairs to nullify the passports of Terra Luna co-founder Do Kwon and five other project developers. Prosecutors also plan to contact Interpol

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