Korean Government Launches Investigation into Crypto Hacks

Korean Government Launches Investigation into Crypto Hacks

Read More

Following the alleged hacks of South Korean crypto exchanges, the government has formally launched an investigation into the cause of the hacks. The authorities will also perform security checks on all crypto exchanges’ systems. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Government’s Response The South Korean government announced on Wednesday, June 20, that it…

Korean Government Details Regulatory Plans After Multiple Crypto Exchange Hacks

Korean Government Details Regulatory Plans After Multiple Crypto Exchange Hacks

Read More

Following multiple hack reports, the South Korean government explains how it will strengthen the regulatory framework for cryptocurrency exchanges. A bill has already been submitted which imposes multiple new obligations on crypto exchanges. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Korean Government’s Solution Following recent reports of multiple security breaches at cryptocurrency exchanges,…

South Korea’s Largest Crypto Exchange Upbit Under Investigation for Fraud

South Korea’s Largest Crypto Exchange Upbit Under Investigation for Fraud

Read More

The largest cryptocurrency exchange in South Korea, Upbit, is suspected of fraud and is currently under investigation. The prosecutors have conducted searches at the exchange and confiscated computers and accounting records. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Upbit Under Investigation South Korea’s largest cryptocurrency exchange, the Kakao-backed Upbit is suspected of fraud,…