Tag: Korean

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US Treasury Sanctions Alleged $800 Million North Korean IT Worker Fraud Operation

The U.S. Treasury Department on Thursday sanctioned six individuals and two entities linked to a North Korean government scheme, which it alleged used fraudulent...

South Korean Authorities Exclude Stablecoins From Corporate Crypto Investments – Details

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure South Korean authorities are reportedly moving to exclude stablecoins from an incoming...

‘Dead’ South Korean crypto fraudster resurfaces and pays back victims – DL News

A crypto fraudster who was declared dead returns and repays victims.The episode captures the quirky intersection of South Korea’s crypto scene and law enforcement.A...

BTC gains above $73,000 as money flees South Korean stocks

South Korea’s stock market suffered one of its fastest declines in history this week, with the Kospi falling about 20% in two trading days,...

South Korean Cop Sentenced to Six Years in Prison for Bribes Tied to Crypto Crime: Report

In brief A former Seoul police officer was sentenced to six years in prison and fined around $77,000 for accepting bribes, per a local report. The...

Ethereum Tokens Swiped, Returned After South Korean Tax Service Publishes Wallet Seed Phrases

In brief The South Korean National Tax Service (NTS) shared seed phrases from seized crypto wallets in a press release. The contents of the wallets—valued around...

Korean CEX Listings Continue to Boost Altcoins

Centrifuge and Espresso experienced explosive moves after being listed on major Korean exchanges this week.The Korean bid is becoming altcoin holders’ best friend these...

How South Korean police lost $1.4m worth of Bitcoin – DL News

22 Bitcoin vanished from a sealed police vault in central Seoul.Two men have been arrested, police say.Earlier this month, prosecutors tracked down $22 million...

South Korean Lawmakers Slam Regulators Over Bithumb’s $43 Billion Bitcoin Blunder

In brief Lawmakers in South Korea are intensifying scrutiny on financial regulators that missed a structural issue that led to $43 billion in Bitcoin being...

Dual South Korean listings send Ethereum layer-2 token AZTEC surging 82%

Aztec (AZTEC) surged about 82% in 24 hours to around $0.035 after South Korean exchanges Upbit and Bithumb both moved to list the token...

XRP Sees Re-Accumulation Signals From Korean Trading Desks As Traders Quietly Build Positions

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Despite its steady bearish performance over the past few months, the sentiment...

South Korean Crypto Exchange Accidentally Gave Away $43 Billion in Bitcoin

In brief South Korean exchange Bithumb mistakenly credited users with 2,000 BTC each instead of a tiny cash reward. The error was corrected within five minutes,...