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Report: DOJ and FBI Investigating Terraform Labs in Connection to Algorithmic Stablecoin Collapse

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Report: DOJ and FBI Investigating Terraform Labs in Connection to Algorithmic Stablecoin Collapse
Alexander Osipovich
Report: DOJ and FBI Investigating Terraform Labs in Connection to Algorithmic Stablecoin CollapseThe Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI) are reportedly investigating the collapse of the algorithmic stablecoin terra usd (UST) and the firm Terraform Labs. Unnamed sources say that former staff members from Terraform Labs, the company behind the Terra blockchain project, have been questioned by U.S. law enforcement. Unusual Relationship: […]
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North Korean hackers using stolen crypto to mine more crypto via cloud services: Report

North Korean hackers using stolen crypto to mine more crypto via cloud services: Report

Seoul Sanctions North Korea Over Crypto Theft

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Seoul Sanctions North Korea Over Crypto Theft
bitcoin.com
Seoul Sanctions North Korea Over Crypto TheftSouth Korea has imposed sanctions on the North in relation to a number of cyberattacks often resulting in the theft of cryptocurrency. The authorities in Seoul say the regime in Pyongyang is using the digital assets to fund its nuclear and missile development projects. South Korea Hits North Korean Hackers With First Cybercrime Sanctions The […]
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North Korean hackers using stolen crypto to mine more crypto via cloud services: Report

North Korean hackers using stolen crypto to mine more crypto via cloud services: Report

North Korea Stole Record Amount of Crypto Assets in 2022, UN Report Unveils

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North Korea Stole Record Amount of Crypto Assets in 2022, UN Report Unveils
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North Korea Stole Record Amount of Crypto Assets in 2022, UN Report UnveilsThe regime in North Korea has managed to steal more cryptocurrency last year than in previous years, according to a draft U.N. report. Despite the difference between quoted estimates, the authors conclude that 2022 was a record-breaking year for crypto theft, to be blamed on the hermit state. Cybercrime Groups Linked to North Korea Get […]
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North Korean hackers using stolen crypto to mine more crypto via cloud services: Report

North Korean hackers using stolen crypto to mine more crypto via cloud services: Report

Terraform Labs Calls South Korean Prosecutor’s Case Against Founder Do Kwon ‘Highly Politicized’: Report

The Daily Hodl
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Terraform Labs Calls South Korean Prosecutor’s Case Against Founder Do Kwon ‘Highly Politicized’: Report
Altcoins
Terraform Labs Calls South Korean Prosecutor’s Case Against Founder Do Kwon ‘Highly Politicized’: Report

Terraform Labs is reportedly accusing South Korean authorities of giving in to public pressure when they issued a warrant of arrest against its founder Do Kwon. Kwon currently faces legal actions following the crash of the cryptocurrency Terra (LUNA) and the stablecoin TerraUSD (UST). A spokesperson for the Singapore-based firm tells The Wall Street Journal […]

The post Terraform Labs Calls South Korean Prosecutor’s Case Against Founder Do Kwon ‘Highly Politicized’: Report appeared first on The Daily Hodl.

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North Korean hackers using stolen crypto to mine more crypto via cloud services: Report

North Korean hackers using stolen crypto to mine more crypto via cloud services: Report

South Korea Seizes $184 Million in Crypto Assets From Alleged Tax Dodgers, Reports Reveal

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South Korea Seizes 4 Million in Crypto Assets From Alleged Tax Dodgers, Reports Reveal
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South Korea Seizes 4 Million in Crypto Assets From Alleged Tax Dodgers, Reports RevealThe government in South Korea has seized cryptocurrency worth around $184 million in two years due to tax arrears, according to local media. The authorities in Seoul started confiscating virtual assets from people accused of tax evasion in 2021. Almost 260 Billion Won in Crypto Seized for Tax Evasion in South Korea The amount of […]
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North Korean hackers using stolen crypto to mine more crypto via cloud services: Report

North Korean hackers using stolen crypto to mine more crypto via cloud services: Report

Tax Agency Vows to Go Hard After Koreans Using Crypto to Evade Levies

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Tax Agency Vows to Go Hard After Koreans Using Crypto to Evade Levies
bitcoin.com
Tax Agency Vows to Go Hard After Koreans Using Crypto to Evade LeviesSouth Korea’s tax administration has pledged to take strict measures against tax evasion through virtual assets and platforms. While the Korean government is yet to start taxing capital gains resulting from crypto investment and trading, authorities in Seoul claim cryptocurrencies have been actively used for money laundering. Korean Citizens Accused of Investing in Crypto Assets […]
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North Korean hackers using stolen crypto to mine more crypto via cloud services: Report

North Korean hackers using stolen crypto to mine more crypto via cloud services: Report

South Korean Government Calls for Voluntary Regulations From Crypto Industry

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South Korean Government Calls for Voluntary Regulations From Crypto Industry
bitcoin.com
South Korean Government Calls for Voluntary Regulations From Crypto IndustryThe executive power and the ruling party in South Korea have urged the cryptocurrency industry for what officials describe as voluntary regulatory measures, a Korean media report revealed. The call was issued during a consultative meeting devoted to crypto assets. Government Asks South Korean Crypto Sector for Regulatory Proposals Representatives of the South Korean government […]
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North Korean hackers using stolen crypto to mine more crypto via cloud services: Report

North Korean hackers using stolen crypto to mine more crypto via cloud services: Report

South Korean Intelligence Service Informs Crypto Exchanges About Cyberthreats

Bitcoin.com
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South Korean Intelligence Service Informs Crypto Exchanges About Cyberthreats
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South Korean Intelligence Service Informs Crypto Exchanges About CyberthreatsThe South Korean state intelligence agency is now providing crypto trading platforms with information about attempts to breach their cybersecurity. The help for the country’s digital asset exchanges comes amid growing threats, local media reported. Intelligence Service Offers Cybersecurity Assistance to Major South Korean Crypto Exchanges South Korea’s National Intelligence Service (NIS) has started to […]
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North Korean hackers using stolen crypto to mine more crypto via cloud services: Report

North Korean hackers using stolen crypto to mine more crypto via cloud services: Report

Main Opposition Candidate for President of South Korea Pledges Support for Crypto Tax Exemptions

Bitcoin.com
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Main Opposition Candidate for President of South Korea Pledges Support for Crypto Tax Exemptions
bitcoin.com
Main Opposition Candidate for President of South Korea Pledges Support for Crypto Tax ExemptionsThe leading presidential candidate of the opposition in South Korea has promised voters to ease the tax burden on crypto-related profits through exemptions. In a recent statement, Yoon Suk-yeol indicated that crypto investors will be treated like those who put money into stocks. Presidential Candidate Looks to Attract Young Voters With Crypto Tax Cuts Yoon […]
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North Korean hackers using stolen crypto to mine more crypto via cloud services: Report

North Korean hackers using stolen crypto to mine more crypto via cloud services: Report

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