The South Korean district court recently dismissed security violation charges against Terra co-founder Hyun-seong Shin, deeming LUNA a non-security under Korea’s Capital Markets Act.
Seoul News
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The indictment of 10 individuals associated with Terraform Labs, including co-founder Hyun-seong Shin, comes after 11 months of investigation into the collapse of Terra.
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Local police in a suburb of Seoul have the authority to seize crypto in order to clear the balance of delinquent fines from traffic violations.
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Terraform Labs co-founder Do Kwon has claimed that Korean authorities haven’t contacted or filed any charges against him in the Terra investigation.
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South Korean authorities are currently investigating Terraform Labs and its employees on several charges including tax evasion and market manipulation.
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South Korea’s rising interest in nascent tech could prompt other nations to take the idea of the Metaverse more seriously.
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SK Group’s chairman Chey Tae-won expressed interest in blockchain and token economy at a recent startup event in Seoul
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Busan, South Korea’s second biggest city, seeks to develop a local crypto in partnership with BNK Busan Bank.
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The government of Seoul plans to spend $1 billion to support blockchain and fintech startups via an investment fund.
8004 Inside Bitcoins Conference and Expo will be launching in just a few weeks in Seoul as South Korea’s first major cryptocurrency event.
672We’re going to be talking about a hair salon in the Gangnam district of Seoul, but let me note upfront that any references to Psy have been made forbidden in this post.
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