Source: Pegag/Adobe The five largest crypto exchanges in South Korea have signed a “crypto-crime-fighting” MOU with the country’s police force — and will work with officers to fight crypto-powered counterfeiting and crypto fraud artists. According to Fn News, the exchanges – market leaders Upbit and Bitumb as well as Corbit, Coinon and Gopax – have … Read more
South Korea’s government has seized $184 million worth of cryptocurrency in tax arrears over two years, local media reported. Seoul authorities will begin confiscating virtual assets from people accused of tax evasion in 2021. About 260 billion in Crypto has been seized in South Korea for tax evasion. The amount of crypto assets from South … Read more
A South Korean government-owned YouTube channel named SpaceX Invest has been hacked, with the channel uploading creative videos of Elon Musk discussing cryptocurrencies. On September 3, a South Korean government YouTube channel was temporarily hacked and renamed to share crypto-related videos live. But with early intervention, the bill was restored within four hours, a Yonhap … Read more
Source: Ado Adobe / butenkow South Korea’s judiciary is set to include crypto assets in bankruptcy cases in bankruptcy cases – and the country’s leading crypto exchanges have agreed to cooperate with the courts in this regard. In Seoul Kyunjai, the five licensed exchanges offering crypto-to-fiat trading – the market leader Apbitas well Bithumb, Coin, … Read more