Regulation
Terra cofounder Daniel Shin’s Chai Corp. raided by S.Korean authorities
Daniel Shin’s Chai Corporation, which partnered with Terraform Labs in 2019, is accused of violating capital market rules in past dealings with Terra.
Danny Park
Contributor
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.
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Bitcoin News
Trezor, Ledger report surge in hard wallet sales amid FTX meltdown
What to do when one of the world’s most trusted crypto exchanges implodes? For many it’s finding a safer place for their assets, and that is typically hardware wallets.
Danny Park
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Regulation
S.Korea summons ex-Terra exec Daniel Shin over US$100M in LUNA gains
Daniel Shin has been summoned by South Korean prosecutors to attend an investigation as a suspect for allegedly earning ill-gotten profits with LUNA.
Danny Park
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Altcoins
AAX crypto exchange says it is suspending withdrawals amid FTX fallout
Hong Kong-based crypto exchange AAX is suspending withdrawals for seven to 10 days for a scheduled system upgrade to protect users.
Danny Park
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Altcoins
Tron’s Justin Sun stresses ‘due diligence’ needed before considering FTX bailout
Tron founder Justin Sun’s plans to save FTX include debt, equity investments and a full takeover, he told BloombergTV on Friday, Asia time.
Danny Park
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Regulation
FTX liquidity crunch leads to contagion fears; Friday updates and running commentary
The following is a running compilation of views and comments on the possible short- and long-term outcomes of FTX’s liquidity crunch.
Danny Park
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Regulation
California financial regulator launches probe into FTX
The state of California has launched an investigation into the 'apparent failure' of crypto asset platform FTX.
Danny Park
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Regulation
FTX assets frozen by Bahamas securities regulator
The Securities Commission of the Bahamas has frozen assets of FTX and related parties, and has suspended its registration.
Danny Park
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Regulation
Binance pulls out of FTX buyout; latest updates and commentary
The following is a running compilation of views and comments on Binance’s announcement that it will not go ahead with the acquisition of FTX.com.
Danny Park
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Altcoins
‘Pharma bro’ Martin Shkreli to Do Kwon: jail isn’t that bad
“Pharma bro” Martin Shkreli has tried to reassure Terra chief Do Kwon that life in jail is “not the worst”, while they discussed the Binance-FTX deal on the UpOnlyTV podcast.
Danny Park
