South Korean Exchange Executives Bag Up To 16 Years Sentence For $386 Million Fraud
According to reports, The Seoul Central District Court has sentenced several executives of a South Koran crypto exchange Coinup, to ...
Tag: South Korea
U.S. Authorities Trace Bitcoin Transactions To Shutdown ‘Largest’ Child Porn Ring
A press release from the U.S. Department of Justice, has announced a federal grand jury in the District of Columbia, ...
South Korea’s Largest Banks Join J.P. Morgan’s Blockchain Payments Platform
JP Morgan's Blockchain payments platform has just welcomed five of South Korea's biggest banking institutions. Dubbed the Interbank Information Network ...
South Korea’s Largest Entertainment Company is Looking to Create its Own Cryptocurrency
Cryptocurrency adoption in South Korea is increasing, as SM Entertainment, easily the country's biggest music company, has just disclosed that ...
South Korea’s Prixbit Exchange Closes Down Due to Financial Difficulties
Prixbit, a South Korean exchange, has officially shut down its business operations after suffering security issues leading to financial difficulties.
Seoul Announces State Cryptocurrency for its Smart City Project
The city of Seoul has announced that it will be issuing its own virtual currency by November. This is a ...
Cryptocurrency Exchanges Face Stricter Regulation In South Korea
Four South Korean cryptocurrency exchanges have been facing stricter regulation as they aim to renew their banking accounts, as reported by ...
Cryptocurrency Crimes Costed South Korea $2.28B Since July 2017
As per an estimate by the South Korean Justice Ministry, cryptocurrency-related crimes caused over 2.69 trillion won (about $2.28 billion) ...
Gram Asia Lists Telegram Tokens At Three Times ICO Price
Starting July 10, South Korea’s Gram Asia sells rights to its Gram holdings at $4.00 per token, exclusively through Japanese ...
First Blockchain-Based Shipment Tracked From South Korea To The Netherlands
Samsung SDS, Dutch bank ABN AMRO and the Port of Rotterdam collaborate to conduct a proof-of-concept (PoC) shipment from South ...
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