Bithumb ordered to pay damages for outage during bitcoin’s 2017 rally: Yonhap

Crypto exchange Bithumb has been ordered to pay $200,000 in damages to more than a hundred investors over an exchange outage during bitcoin’s rally in 2017. Bithumb has been ordered to pay...

The Block: Bithumb probed by South Korean tax officials: Yonhap News Agency

The National Tax Service (NTS) of South Korea has reportedly launched a “special tax investigation” into Bithumb Korea and Bithumb Holdings. On Jan. 10, tax agents raided BithumbR...

Seoul court rejects prosecution’s move to detain Terraform Labs execs: Yonhap

The Seoul Southern District Court has dismissed the prosecutors’ warrants for arrest of several leading figures in Terraform Labs, according to South Korean news outlet Yonhap.  Prosecutor...

Prosecutors seek arrest warrant for Terraform Labs’ co-founder Daniel Shin: Yonhap

Prosecutors in South Korea are reportedly seeking an arrest warrant for Terraform Labs co-founder Daniel Shin. The Seoul Southern District Prosecutors Office said Wednesday that it is seeking th...

Prosecutors raid South Korean crypto exchanges in Terra investigation: Yonhap

South Korean prosecutors launch a raid on seven local cryptocurrency exchanges on Wednesday as part of the investigation into Terraform Labs and its co-founder Do Kwon, local news agency Yonhap report...