Do Kwon Seeks To Dismiss SEC Charges as South Korea Rules LUNA Is Not a Security
The Terraform Labs founder also called Terra’s failed stablecoin a currency and said he wasn't given sufficient warning about alleged SEC violations.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This security 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
South Korea Ends 1M Won Crypto Travel Rule Limit in Major AML Crackdown
Key Takeaways: The Travel Rule will be adopted by South Korea for all transfers between registered VASPs. Amidst AML controls, ove...
Crypto firms are struggling in South Korea
South Korean crypto exchanges Upbit and Bithumb have seen revenues plummet in the first half of the year amid a wider downturn for...
South Korea blocks Polymarket, citing illegal crypto gambling
South Korea's ban on Polymarket highlights increasing global scrutiny on crypto platforms, potentially stifling innovation in pred...
Kbank, not Jeonbuk Bank, is leading South Korea’s Ripple Payments push
Kbank's Ripple partnership could accelerate blockchain adoption in South Korea's banking sector, challenging traditional payment s...
Curve founder says FATF pressure could make DeFi safer and more decentralized
Curve founder Michael Egorov said FATF pressure could push DeFi protocols toward greater decentralization and stronger security.
Ripple Lands 3rd Korea Deal, Jeonbuk Bank Brings 24/7 Crypto Payments to Firms
Key Takeaways: Jeonbuk Bank is the first regional bank in Korea to use Ripple Payments. The service allows cross-border settlement...