Daniel Shin and nine others were indicted for their roles in the collapse of the Terra stablecoin which caused significant losses for investors.
April 27, 2023Korean prosecutors believe the transfer may suggest Do Kwon was aware of Terra's impending collapse and was seeking to pre-empt the legal repercussions.
April 18, 2023The "industry-driven project" has been ongoing for about six months, with participation from MAS and Police in a banks-led working group.
April 10, 2023Do Kwon was arrested in Montenegro. SDNY prosecutors released an indictment and will seek his extradition to the US.
March 24, 2023SDNY prosecutors are said to be looking into Telegram chats among employees at Jump Trading and Jane Street from last May.
March 15, 2023South Korea's thoughtful approach to regulating digital assets will foster growth and innovation and result in a more vibrant and inclusive digital economy, say Rahul Advani and Angela Ang.
March 15, 2023Singapore police confirmed "ongoing" investigations into Terraform Labs, which is also being sued by the US SEC following its collapse last May.
March 7, 2023The Terraform ecosystem was 'simply a fraud propped up by a so-called algorithmic stablecoin', says Gurbir Grewal.
February 17, 2023BOK says stablecoins pegged to foreign currencies should be subject to foreign exchange laws, while those pegged to the Korean won should fall under the central bank's regulatory remit.
December 17, 2022New arrest warrants are sought for co-founder Daniel Shin, as well as Terraform Labs investors and engineers.
December 2, 2022