South Korea


South Korea Moves to Freeze Bitcoin Transferred from LFG Amid Search for Do Kwon

3313 BTC have been moved from Luna Foundation Guard (LFG) to Kucoin and OKX following the issuance of the arrest warrant for Do Kwon. The prosecutors requested both exchanges freeze the assets.

South Korean Prosecutors Issue Arrest Warrant Against Terraform Labs CEO

Investigation teams from the Seoul Southern District Prosecutor's Office issued an arrest warrant against Do Kwon, co-founder, and CEO of Terraform Labs, over violation of the Capital Markets Act.

South Korea To Tax Crypto Airdrops, Italian Revenue Agency Clarifies Rw Form Declarations

South Korean Ministry of Strategy and Finance claims that a gift tax will be imposed on crypto airdrops. Meanwhile, the Italian Revenue Agency explains that crypto traders are not required to fill the Rw form if transactions are made through an Italian platform.