Kwon has been given 14 days by the South Korean authorities to turn up his passport. Both the South Korean government and Interpol are looking for Kwon. Reportedly, Yoo Mo, Terra’s Head of General Aff...
Tag: Authorities
Terra’s Do Kwon Denies Reports That Authorities Froze $39.6M of His Crypto
TerraForm Labs CEO Do Kwon denied reports that South Korean prosecutors have frozen another $39.6 million worth of his crypto assets after it was reported by Korean outlet News1. “Once again, I don’t...
Terra’s Do Kown Denies Reports That Authorities Froze $39.6M of His Crypto
TerraForm Labs CEO Do Kwon denied reports that South Korean prosecutors have frozen another $39.6 million worth of his crypto assets after it was reported by Korean outlet News1. “Once again, I don’t...
Did authorities freeze Do Kwon’s assets? 1
Terra co-founder Do Kwon has refuted claims that his assets worth over $39 million have been confiscated by the South Korean government. Reports made the rounds some months ago that the regulatory age...
Korean Authorities Freeze $39 Million of Crypto Tied to Do Kwon
South Korean prosecutors continue their pressure on Terraform Labs following the fiasco that took place earlier this year. This time, the authorities have managed to freeze a whopping 56 billion won (...
This UN update has managed to put U.S. regulatory authorities on the edge
The United Nations (UN) published a news piece on 3 October warning masses of the possibility of a Fed-induced global recession. The Biden administration, thus, urged Congress to speed up the implemen...
European authorities warn growing crypto adoption could affect traditional finance
As the cryptocurrency market expands at an unprecedented rate and digital assets such as Bitcoin (BTC) and Ethereum (ETH) become more commonplace due to, in part, investors ditching fiat, concerns hav...
Indian authorities froze 77.6 BTC transferred to Binance from WazirX
Join Our Telegram channel to stay up to date on breaking news coverage Indian authorities recently attracted the attention of the crypto industry after freezing around 77.5 Bitcoins ($1,511,376 accord...
South Korean Authorities To Freeze Do Kwon’s Assets- Is Do Kwon on a Run?
Join Our Telegram channel to stay up to date on breaking news coverage Luna Foundation Guard (LFG), a non-profit organization founded by Do Kwon, acts as a Bitcoin collateral backstop for the Terra ec...
Russia’s Authorities To Introduce Crypto Mining Law This Year
Russia’s Ministry of Finance and the Bank of Russia agree on a draft bill to regulate crypto mining in the country. The authorities aim to allow crypto mining in only energy-rich regions with hydroele...
Delaware Authorities Crack Down on ‘Pig Butchering’ Crypto Scams
The Delaware Department of Justice’s Investor Protection Unit halted the operations of 23 entities and individuals involved in cryptocurrency romance frauds, known as “pig butchering” scams. A recent ...
Russian Authorities Draft Crypto Mining Law, But There’s a Catch (Report)
The Bank of Russia and the Ministry of Finance of the Russian Federation (MiFin) have agreed that crypto mining should be allowed only in certain areas. According to a new report by RBC-Crypto, Russia...
Crypto Exchanges KuCoin and OKX Asked by Authorities To Freeze $67,000,000 in Bitcoin Tied To Do Kwon: Report
Two crypto exchange platforms are being reportedly asked by South Korean authorities to freeze tens of millions of dollars worth of Bitcoin (BTC) tied to Terra (LUNA) founder Do Kwon. According to a n...
Do Kwon, Luna Foundation Guard Deny Link to $62M in Bitcoin Sought by Authorities
The Terra saga yet adds another chapter this week. South Korean authorities are seeking to freeze more than $60 million worth of Bitcoin linked to Terra co-founder Do Kwon, several outlets reported. ...
Terraform Labs Criticizes the South Korean Authorities
Editors News The Terraform representative accused South Korean prosecutors of exceeding their jurisdiction. The spokesman says the case regarding Do Kwon is ‘highly politicized.’ The Terraform Labs re...
Do Kwon Receives Support From An Unlikely Source Amid Conflict With Korean Authorities
The post Do Kwon Receives Support From An Unlikely Source Amid Conflict With Korean Authorities appeared first on Coinpedia Fintech News Recently, Terra founder Do Kwon rubbished claims by CoinDesk Ko...
French Authorities Grant Crypto.com Regulatory License to Offer Services
6 hours ago | 2 mins read Exchange News After receiving approval from the Autorité de Contrôle Prudentiel et de Résolution (ACPR), the world’s fastest-growing cryptocurrency platform, Crypto.com, anno...
Korean Authorities Seize $67 Million in Bitcoin Linked to Do Kwon
The securities violation case surrounding Terra has been complicated even further. The South Korean authorities recently requested KuCoin and OKX to freeze over 3,313 Bitcoin allegedly tied to Do Kwon...
Crypto Fugitive Kwon Denies Hiding from Authorities
Terraform Labs co-founder has denied being in hiding after South Korean authorities asked Interpol to issue a red notice for his arrest. “Yeah, as I said, I’m making zero effort to hide. I...
Top U.S Authorities Might Have To Disclose Financial Dealings
5 hours ago | 2 mins read Bitcoin News The structure of the bill also suggested that disclosure amounts be more specific. The chair of the Committee on House Administration proposed the initiative. Me...
Chinese Authorities Bust 200M Yuan Money Laundering Operations Involving Digital RMB
Chinese law enforcement shut down a money laundering operation that used digital yuan. The country has also added more provinces to its CBDC testing program. Authorities in China have put a stop to a ...
New UK Economic Crime and Corporate Transparency Bill Enables Authorities To ‘Seize, Freeze and Recover’ Crypto
UK lawmakers propose a new law that could pave way for tougher measures on crypto following the election of Prime minister Liz Truss who previously commented about freeing the industry from overly str...
South Korean Authorities Seized $184 Million In Crypto Against Unpaid Taxes
Despite the South Korean Government’s deep interest in metaverse and web 3 technology, the country implements aggressive policies when it comes to regulations and taxation. As reported by local news o...
South Korea: Tax Authorities seize $184.3M Crypto Assets
South Korea: Tax Authorities seize $184.3M Crypto AssetsSouth Korean Tax Authorities seize Crypto Assets worth US$184.3MJuly 22, 2022As per the local media reports, South Korean authorities have seize...
Korean tax authorities seize $185M worth of crypto from tax evaders since 2021
South Korean authorities have seized approximately $185 million worth of digital assets from tax delinquents since 2021, Yonhap news agency reported on Sept. 22. In the second half of 2020, tax author...
South Korean Authorities Request Interpol Red Notice For Terra’s Do Kwon
South Korean prosecutors have requested that Interpol issue a red notice against Do Kwon, the co-founder of the collapsed Terra ecosystem. According to a report in the Financial Times, the Seoul South...
South Korean Authorities Meet Meta Exec To Discuss Metaverse
South Korean Authorities Meet Meta Exec To Discuss MetaverseSouth Korean Authorities and Meta Exec Discuss Metaverse FutureSeptember 20, 2022South Korea’s official media regulation agency discussed wa...
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 ...
Terra (LUNA) Founder Do Kwon Denies He’s on the Run After South Korean Authorities Issue Arrest Warrant
Terra (LUNA) founder Do Kwon has denied that he is evading authorities despite statements from South Korean prosecutors claiming the contrary. Bloomberg recently reported that warrants were issued to ...
Do Kwon ‘Clearly on the Run,’ Korean Authorities Request Interpol Red Notice Do Kwon Faces Revocation of Passport Red, Interpol’s Red Notice
South Korean prosecutors have asked the country’s foreign ministry to revoke Do Kwon’s passport. They’ve also initiated the process to get Interpol to issue a red notice for Kwon, media reports said o...
Do Kwon says he is “not on the run,” cooperating with authorities
Terraform Labs founder Do Kwon said on Saturday he is not trying to evade any relevant authorities. “I am not ‘on the run’ or anything similar – [from] any government agency that ha...
Jail Kwon Token Pumps As South Korean Authorities Move to Void Terra Founder’s Passport
On Sept. 15, local media outlets reported that the prosecutors looking into the Terra Luna crash had taken steps to revoke the passports of five people, including Terra co-founder Do Kwon and financia...