South Korean officials conclude week-long raid in Terra-LUNA case

2022-7-29 19:52

After more than a week, South Korean authorities concluded their raids on crypto companies in connection with the Terra case on July 27, Yonhap news reported.

The Seoul Southern District Prosecutors Office is investigating the collapse of TerraUSD (USTC) and allegations of fraud against Terraform Labs co-founders Do Kwon and Daniel Shin.

The prosecutors had initiated a search and seizure of seven local crypto exchanges and eight other locations including offices and residences of people involved in the case on June 20.

According to Yonhap, the raid lasted a week because of the immense amount of data requested by the authorities.

In cases where data was insufficient, the authorities asked data analysts to extract more data, lengthening the search and seizure, Yonhap news reported.

The authorities will analyze the data collected from the raid to issue subpoenas for Kwon and Shin.

On July 27, Yonhap reported that the ministry of justice issued a “notification upon arrival” order to Kwon. This means that Kwon is required to inform South Korean officials whenever he returns to the country from Singapore. Prosecutors are also looking into extraditing Kwon by issuing a red notice to Interpol.

Furthermore, Shin, whose home and office were raided last week, is restricted from leaving the country.

Earlier this month, former Terra employees had said that they were banned from traveling abroad along with all persons involved in the case.

The post South Korean officials conclude week-long raid in Terra-LUNA case appeared first on CryptoSlate.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

North Korean Won (KPW) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 KPW

case south korean terra-luna officials conclude week-long

Источник: cryptoslate.com

case south → Результатов: 59


Bithumb Cryptocurrency Exchange Raided by South Korean Police For The Second Time

On Sept. 7, the Seoul Metropolitan Police Agency's Intelligent Crime Investigation Unit raided the country’s largest cryptocurrency exchange, Bithumb, for the second time in less than a week. According to reports from the local newspaper, Seoul Shinmun, the raid aims to collect additional evidence about the case opened against the Chairman of the board of […] The post Bithumb Cryptocurrency Exchange Raided by South Korean Police For The Second Time first appeared on BitcoinExchangeGuide.

2020-9-9 17:04


Down the Bitcoin March Memory Lane when BTC Surpassed $1 Billion in Market Cap for the First Time

In the present time, this week we saw popular South Korean exchange Bithumb being hacked that lost millions of EOS in a suspected insider job. A little known Singaporean cryptocurrency exchange DragonEx was also hacked for cryptocurrencies including Bitcoin, Ethereum, Litecoin and number of other tokens. Another case has been of CoinBene that involved a […]

2019-4-1 23:12


Europol Arrests Suspect Behind the Theft of $11.3 Million in IOTA (MIOTA)

A collaborative effort between the UK’s South East Regional Organised Crime Unit (SEROCU), the Hessen State Police in Germany, the UK’s National Crime Agency (NCA) and Europol, has successfully identified and arrested a male suspect in connection with a case of fraud, theft and money laundering that resulted in the theft of around €10 million (Approximately […] The post Europol Arrests Suspect Behind the Theft of $11.

2019-1-24 16:24


Фото:

550 Bitcoin Price Tag: Palace In Malta, Rolls-Royce Available For Epic Purchase

Got 550 Bitcoin (CRYPTO: BTC) laying around? In a bucket list-type of activity, you could buy an 860 square-foot mansion more than 400 years old located in Malta. In case you’re imagining what the weather would be like, the tiny archipelago with a population of less than 500,000 is located in the middle of the Mediterranean, about 50 miles south of Italy.

2018-9-8 01:00


Фото:

550 Bitcoin Price: Palace In Malta, Rolls-Royce Available For Epic Purchase

Got 550 Bitcoin (CRYPTO: BTC) laying around? In a bucket list-type of activity, you could buy an 860 square-meter mansion more than 400 years old located in Malta. In case you’re imagining what the weather would be like, the tiny archipelago with a population of less than 500,000 is located in the middle of the Mediterranean, about 50 miles south of Italy.

2018-9-8 01:00


Фото:

Three Suspects in China’s Biggest $87 Million Cryptocurrency Heist Arrested By Police

Chinese police have recently arrested three men for hacking and stealing 600 million yuan ($87 million) in cryptocurrencies. According to the South China Morning Post, the Xian Police officers stated on Saturday, August 18, 2018, that when it came to cryptocurrency criminal investigations in China, this was the largest number of stolen cryptocurrencies in the nation.

2018-8-21 16:00


Фото:

Three Chinese Men In Custody Over $87M Cryptocurrency Theft

Police in China has detained three men suspected of pulling the country’s biggest ever cryptocurrency heist — worth 600 million yuan ($87 million).   Theft is China’s Biggest: Reports As multiple outlets report quoting local news publication Huashang News on August 19, authorities concluded an investigation spanning almost six months into three men who allegedly hacked a computer for Bitcoin and Ether.

2018-8-20 12:00


дальше еще 10 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

DOJ charges 2 people over $25 million ETH theft via MEV exploit

The DOJ arrested and charged two individuals on May 15 over an alleged $25 million MEV exploit that occurred on the Ethereum blockchain. The defendants — brothers Anton and James Pepaire-Bueno — face three charges of conspiracy, wire fraud, and money laundering, each with a potential 20-year sentence.