Tag: South Korea

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South Korean Lawmaker Sentenced for Concealing Crypto Holdings

South Korean lawmaker Kim Nam-kook sentenced to prison for concealing $7.5M in cryptocurrency, sparking calls for stricter regulation. A South Korean congressman has been sentenced...

South Korea Delays Virtual Asset Tax for Two More Years

South Korea delays virtual asset tax for two years, balancing regulation and growth while considering Bitcoin reserve amid rising public demand. South Korea's largest opposition...

South Korean Police Uncover $213 Million Crypto Fraud

South Korean police uncover $213 million crypto fraud led by a YouTuber, arresting 12 and seizing 22 Bitcoins. South Korean police have uncovered a massive...

South Korea to Regulate Cross-Border Crypto Transactions

South Korea announces new regulations for cross-border cryptocurrency transactions to combat forex crimes and enhance consumer protection in the digital asset market. South Korea is...

South Korea Virtual Asset Committee Set to Address Spot ETFs

Korean Virtual Asset Committee will focus on spot ETFs, corporate investments, and regulatory frameworks to support the growing crypto market. The South Korean government is...

South Korea Launches Probe into Upbit Monopoly in Crypto Market

The South Korean Financial Services Commission (FSC) has announced an investigation into the market monopoly structure surrounding Upbit. It is the largest cryptocurrency exchange...

Woman in South Korea Murdered for Her Crypto Holdings

The recent kidnapping and murder of a woman in Seoul, South Korea (the nation’s capital city) has turned up some new evidence. Police investigating...

Report: North Korea Has Made Off with More Than $1 Billion in Crypto

The top spy agency of South Korea stated its neighbor North Korea has stolen an estimated $1.5 trillion won worth of cryptocurrency funds over...

Crypto Exec Do Kwon Must Forfeit His Passport

Do Kwon – the man behind the doomed digital currency company Terraform Labs – is now set to lose his South Korean passport as...

Do Kwon May Have His Crypto Assets Frozen

It seems Do Kwon cannot catch a break. After being tied to one of the most embarrassing fiascos to ever occur within the confines...

Crypto Exec Do Kwon Says He’s Willing to Cooperate Following Arrest Warrant

Not long ago, Live Bitcoin News reported that in the nation of South Korea, an arrest warrant had been issued for Do Kwon, the...

Another Hack Involving the Face of Crypto’s Elon Musk Has Occurred

A hacker has used an old video of Elon Musk talking about cryptocurrency to potentially infiltrate the South Korean government. Elon Musk Is Constantly "Loved"...