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CEO & Publisher: Oh Young-jinDigital News Email: webmaster@koreatimes.co.krTel: 02-724-2114Online newspaper registration No: 서울,아52844Date of registration: 2020.02.05Masthead: The Korea TimesCopyright © koreatimes.co.kr. All rights reserved.

Do Kwon's fate remains uncertain as Korea, US seek his extradition

The fate of Terraform Labs founder Do Kwon remains undetermined, as both Korea and the U.S. seek his extradition to their territories.

Mar 8, 2024By Anna J. Park
Do Kwon's fate remains uncertain as Korea, US seek his extradition

Montenegro court approves cryptocurrency suspect's extradition to Korea

A Montenegrin court on Thursday ruled that cryptocurrency mogul Do Kwon should be handed over to his native South Korea, the latest twist in the months-long legal procedure that followed the arrest of the Terraform Labs founder in the Balkan nation last year.

Mar 8, 2024
Montenegro court approves cryptocurrency suspect's extradition to Korea

Banks remain ambivalent about partnering with crypto exchanges despite market rally

Amid the recent rally in the cryptocurrency market, banks are exhibiting various levels of performance depending on whether they entered into partnerships with cryptocurrency exchanges.

Mar 6, 2024By Anna J. Park
Banks remain ambivalent about partnering with crypto exchanges despite market rally

Montenegro court overturns ruling to extradite crypto entrepreneur Do Kwon to US

An appeals court in the Balkan country of Montenegro has overruled an earlier decision to extradite Do Kwon, the co-founder of the cryptocurrency firm Terraform Labs, to the United States to face fraud charges, the court's website showed Tuesday.

Mar 6, 2024
Montenegro court overturns ruling to extradite crypto entrepreneur Do Kwon to US

Terraform Labs co-founder Do Kwon to miss start of US SEC fraud trial

The cryptocurrency entrepreneur Do Kwon will likely miss at least the start of a March 25 civil trial on U.S. Securities and Exchange Commission fraud charges because of a delay in extraditing him from Montenegro, his lawyer said on Monday.

Feb 27, 2024
Terraform Labs co-founder Do Kwon to miss start of US SEC fraud trial

Fallen crypto mogul Do Kwon could face heavy sentence in US

Terraform Labs co-founder Do Kwon, who was apprehended in Montenegro over his alleged involvement in a $40 billion cryptocurrency fraud, is slated for extradition to the United States where he could potentially face a more severe sentence compared to what he might receive in Korea.

Feb 22, 2024By Anna J. Park
Fallen crypto mogul Do Kwon could face heavy sentence in US

Montenegro court says crypto entrepreneur Do Kwon should be extradited to US: WSJ

A court in the Balkan country of Montenegro has ruled that Do Kwon, the co-founder of the cryptocurrency firm Terraform Labs, should be extradited to the United States to face fraud charges rather than to his home country, Korea, The Wall Street Journal reported Wednesday.

Feb 22, 2024
Montenegro court says crypto entrepreneur Do Kwon should be extradited to US: WSJ

Political groups court young voters with pledges to ease virtual asset investment rules

Both the ruling and opposition parties are considering virtual assets as a strategy to appeal to young voters ahead of the April 10 general elections. The main opposition Democratic Party of Korea (DPK) took the initiative by promising to permit investments in and trading of Bitcoin exchange-traded funds (ETFs).

Feb 21, 2024By Lee Yeon-woo
Political groups court young voters with pledges to ease virtual asset investment rules

Naver and Kakao mark first major merger in crypto sector

The launch of a new coin, based on the merger of coins from domestic IT giants Naver and Kakao, was confirmed, Thursday. Recognized as the cryptocurrency market's first merger, the new coin raises anticipation about its impact on the market.

Feb 15, 2024By Lee Yeon-woo
Naver and Kakao mark first major merger in crypto sector

Suspicious transactions of virtual assets spike nearly 49% in 2023

Suspicious transaction reports (STR) involving virtual assets, such as cryptocurrency, rose sharply from a year earlier in 2023 while the number of cases referred to the prosecution nearly doubled, the financial regulator said Wednesday.

Feb 14, 2024
Suspicious transactions of virtual assets spike nearly 49% in 2023
  • Is Korea becoming playground for cross-border coin speculation?
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