Articles by

Danny Park
Danny is a journalist at Forkast.News. Originally from South Korea, Danny has produced content for media companies in Korea, Hong Kong and China. He holds a Bachelor of Journalism and Business Marketing from the University of Hong Kong.
January 2023
Why is it harder to arrest Terra-Luna founder Do Kwon than FTX’s Sam Bankman-Fried?
South Korea’s attempts to extradite the founder of the collapsed Terra-Luna stablecoin will remain hamstrung while the courts in Seoul dispute the charges against him.
January 2023
South Korea keeps betting on the metaverse, ignoring the current clunky technology
South Korea took a real shine to the metaverse in 2022, with the central government, regions and cities all interested in getting a piece of the virtual reality pie, despite criticism that the technology has a long way to go.
U.S. authorities say two FTX, Alameda executives have pleaded guilty to fraud
Caroline Ellison and Gary Wang, two integral members of the Sam Bankman-Fried now collapsed cryptocurrency businesses, are cooperating with prosecutors.
Sam Bankman-Fried arrested in Bahamas — could other FTX executives be next?
The fall from grace: Once one of the most admired figures in crypto, the former head of the FTX exchange is unlikely to see his Bahamas penthouse anytime soon after being arrested Monday on U.S. charges that are expected to lead to his extradition.
South Korea’s Wemade shares drop, WEMIX token plunges after delisting verdict
The South Korean blockchain game maker’s WEMIX cryptocurrency will be removed from the country’s four major cryptocurrency exchanges that collectively account for more than 95% of the country’s crypto trading volume.
S.Korean prosecutors mull second request of arrest warrant for Terra cofounder Daniel Shin
Seoul judge dismisses prosecutors’ request for arrest warrant for Terra’s Daniel Shin, derails their plan to investigate Shin in custody
December 2022
S. Korea’s Wemade files injunction against country’s top 4 crypto exchanges
The blockchain game maker fights delisting of its symbolic WEMIX crypto token.
BlockFi files for bankruptcy protection, set to sue Sam Bankman-Fried over collateral
The cryptocurrency lender was hit by the earthquake set off across the industry by the collapse and bankruptcy of the FTX crypto exchange this month, and other companies are looking vulnerable.
S.Korean Wemade’s stock falls 30% after exchanges announce WEMIX token delisting; CEO blames Upbit exchange
The delisting poses a great obstacle to the game maker’s growing blockchain empire, while Wemade’s CEO blames the crypto exchange
S.Korea’s top regulator says digital assets, virtual assets are different
While the crypto industry grapples with the definition of blockchain-based digital tokens, South Korea wants to nail down the terminology.
South Korea freezes Terra cofounder Daniel Shin’s US$104 mln in assets; CEO Do Kwon tweets he was wrong, not fraudulent
Terra’s former executive Daniel Shin’s US$100 million were frozen on Thursday; Do Kwon tweets that the Terra team did everything to save UST