South Korean prosecutors to freeze US$5.36 million of Do Kwon’s assets, some in Switzerland
Seoul Southern District Prosecutors’ Office is in the process of freezing 7.1 billion won worth of assets that belong to Terraform Labs CEO Do Kwon.
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U.S. SEC committee urges ‘aggressive enforcement’ on crypto, says most tokens are securities
The U.S. SEC Investor Advisory Committee urged the federal agency to continue its aggressive enforcement on crypto players that offer unregistered securities.
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Hong Kong financial secretary eyes Web3 push despite market fluctuations
Paul Chan said it is the right time for the city’s Web3 push ahead of Hong Kong’s busy week of blockchain and finance gatherings.
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Local prosecutors say Terra-Luna’s Do Kwon has no identifiable assets in South Korea
The arrested crypto fugitive Kwon Do-hyung has “zero ” identifiable assets in his native South Korea, prosecutors said on Friday.
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Japan’s CoinTrade partners with Fireblocks to improve digital asset security
CoinTrade said it has partnered with crypto custody platform Fireblocks to provide institutional clients with improved security for digital assets.
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South Korea court rejects second arrest warrant request for Terraform Labs’ Daniel Shin
A South Korean court dismissed for the second time a request by prosecutors for an arrest warrant for Terraform Labs co-founder Daniel Shin.
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SEC Chair urges more resources to regulate crypto and technology at House Subcommittee hearing
SEC Chair urges for increased funding to address challenges posed by crypto markets and rapid technological innovation during House Subcommittee testimony.
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SEC charges Beaxy cryptocurrency platform for violating securities laws
The SEC has charged the Beaxy crypto trading platform and its executives for operating as an unregistered exchange, broker, and clearing agency.
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Bitcoin rises, most top 10 cryptos drop, amid mixed signals on state of banking sector
Bitcoin rose while Ether and most of the other top 10 non-stablecoin cryptocurrencies fell during afternoon trading in Asia on Monday.
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Bitcoin, Ether, Forkast 500 NFT index rise; gold nears year-high over banking sector concerns
Bitcoin and Ether rose during Asian trading hours on Friday, along with most of the top 10 non-stablecoin cryptocurrencies by market capitalization, with Litecoin posting the biggest gains.