South Korean judge dismisses warrant for individual involved in Terra collapse: Report
In his decision to dismiss the warrant, the judge reportedly
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Korean
Korean police reportedly arrest first person involved in Terra collapse
After months of investigation without any single arrest and the main offender on the run teasing the enforcers on Twitter, South Korean police have reportedly captured the first person involved in the Terra blockchain ecosystem collapse. The news about the arrest of Yoo Mo, the head of the business team of
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South Korean Prosecutors Freeze $39.6M in Crypto Owned by Terraform’s Do Kwon: Report
South Korean Prosecutors Freeze $39.6M in Crypto Owned by Terraform’s Do Kwon: Report Source
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Terraform Labs Calls S. Korean Authorities’ Arrest Warrant for Do Kwon Overreach: Report
A Terraform spokesperson claimed that its Luna cryptocurrency wasn’t a security, meaning it wasn’t covered by South Korea’s capital-markets law. Original Source
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S. Korean Crypto Project Klaytn Will Offer Gas Fee Rebates to Gaming Firms
Under the new gas fee rebate program, selected game companies will be eligible for a 100% offset of their gas fees incurred from January 2022 onwards for up to $100,000 worth of KLAY per month. Names of these companies were not shared with CoinDesk at writing time. Original Source
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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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S. Korean Authorities Look to Freeze $67M Bitcoin Tied to Terra's Do Kwon
Interpol has issued a Red Notice for Kwon's provisional arrest pending extradition as a worldwide search for the Terraform Labs co-founder continues. Source
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S. Korean Watchdog Says $7.2B Transfered Overseas Mainly Through Crypto Exchanges: Report
South Korea's financial watchdog found that since June there have been $7.2 billion abnormal foreign exchange transactions, most of which were transferred through cryptocurrency exchanges, Bloomberg reported on Thursday. Source
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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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S. Korean Authorities Ask Interpol to Issue Red Notice for Terra Co-Founder Do Kwon: Report
Authorities in Singapore confirm that Kwon is no longer in-country, while he maintains that he’s not “on the run.” Original Source
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