South Korea Busts Hacking Syndicate After Multi-Million Dollar Crypto Losses
Seoul police have arrested 16 suspects who stole $28M from crypto and bank accounts, targeting BTS's Jungkook and wealthy Korean investors.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
XRP Price Eyes New Catalyst as Ripple Partners With South Korea’s Meritz
Ripple and South Korean brokerage Meritz Securities have signed a strategic partnership to assess Ripple Custody and Ripple’s toke...
Securitize partners with LG CNS to advance tokenized assets in South Korea
The partnership could accelerate South Korea's financial innovation, potentially reshaping its asset management landscape and regu...
China’s P2P stablecoin wallets surge 43x, Korea’s $450B crypto economy: Asia Express
Despite ongoing bans, China has seen a big surge in peer-to-peer stablecoin use. New figures show South Korea’s $450B crypto econo...
Securitize Teams With Korea’s LG CNS to Explore Tokenized Funds and Stablecoins
Securitize and Korean technology company LG CNS announced a strategic partnership, set out in a memorandum of understanding, aimed...
Payments Firm Says Tether Froze $2.76 Million Brazilian Police Didn’t Flag, Forcing Layoffs
Tether froze $2.76 million of a payments company’s working capital though the Brazilian police investigation behind the freeze nev...
Ripple Gets a Korean Brokerage Onboard as XRP Beats Bitcoin on Upbit
Ripple’s strategic partnership with Meritz Securities, signed by President Monica Long in Seoul, was announced earlier today. The...