In brief The South Korean National Tax Service (NTS) shared seed phrases from seized crypto wallets in a press release. The contents …
Korean
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Regulation
South Korean FTC Launches Aggressive M&A Review in Digital Markets Amid Crucial Dunamu Deal
by shayaanby shayaanSEOUL, South Korea – February 2025: In a decisive move that signals a new era of regulatory scrutiny, South Korea’s Fair Trade …
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Scams
South Korean Lawmakers Slam Regulators Over Bithumb’s $43 Billion Bitcoin Blunder
by shayaanby shayaanIn brief Lawmakers in South Korea are intensifying scrutiny on financial regulators that missed a structural issue that led to $43 billion …
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Scams
Google Warns of AI-Powered North Korean Malware Campaign Targeting Crypto, DeFi
by shayaanby shayaanIn brief North Korean actors are targeting the crypto industry with phishing attacks using AI deepfakes and fake Zoom meetings, Google warned. …
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Scams
South Korean Crypto Exchange Accidentally Gave Away $43 Billion in Bitcoin
by shayaanby shayaanIn brief South Korean exchange Bithumb mistakenly credited users with 2,000 BTC each instead of a tiny cash reward. The error was …
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Regulation
South Korean watchdog expands AI systems to track crypto manipulation
by shayaanby shayaanSouth Korea’s financial watchdog has expanded the use of artificial intelligence to monitor digital asset markets, signaling a shift toward automated, data-driven …
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Regulation
South Korean city to launch its own crypto seizing system for tax evaders
by shayaanby shayaanA city in South Korea plans to launch its own virtual asset electronic seizing system next month to seize crypto assets belonging …
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Markets
Arbitrum Awards Biggest-Ever Foundation Grant to Lotte, the South Korean Megacorp
by shayaanby shayaanArbitrum, the largest layer-2 network on top of Ethereum, has awarded its biggest-ever developer grant to Lotte Group, the multibillion-dollar South Korean …
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Regulation
South Korean Court Jails Bithumb CEO and Golfer in Crypto Bribery Scandal
by shayaanby shayaanBithumb CEO, Celebrity Golfer Sentenced for Altcoin Bribery Scam: Court Unveils $2M Fraud Case Altcoin Price Rigging: South Korean Court Jails Bithumb …
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Regulation
South Korean Government Slaps Sanctions on 15 Individuals Allegedly Involved in North Korea’s Crypto Heists
by shayaanby shayaanThe South Korean government says it is imposing sanctions on 15 North Koreans who engage in illicit cyber activities to raise funds …