Courtroom scene symbolizing Ahn Sung-hyun's acquittal in the cryptocurrency listing bribery case.
Blockchain News

Stunning Verdict: Pro Golfer Ahn Sung-hyun Acquitted in Crypto Listing Bribery Appeal

Seoul, South Korea – February 2, 2025: In a stunning legal reversal, professional golfer Ahn Sung-hyun has been acquitted of all charges related to a high-profile cryptocurrency listing bribery scandal. The Seoul High Court’s decision overturns a previous four-and-a-half-year prison sentence, marking a dramatic turn in a case that has captivated South Korea and exposed […]

Seoul crypto scam investigation scene in Gangnam district depicting smartphone with fake cryptocurrency deal.
Blockchain News

Seoul Crypto Scam: Police Hunt Suspect in Shocking $4,5K Fake Deal

Seoul, South Korea, January 2025: Authorities at the Seoul Gangnam Police Station have launched a manhunt for a suspect accused of orchestrating a brazen cryptocurrency scam, stealing 6 million won (approximately $4,500 USD) in a fraudulent in-person transaction. This incident, reported by TV Chosun and occurring on January 17 in the Nonhyeon-dong neighborhood, highlights the […]

FTC investigates Upbit operator Dunamu's headquarters in South Korea over unfair trade allegations.
Blockchain News

FTC Investigates Upbit Operator: The Shocking Dunamu Unfair Trade Probe Explained

Seoul, South Korea – February 2025: South Korea’s Fair Trade Commission (FTC) has launched a significant on-site investigation into Dunamu Inc., the prominent operator behind the Upbit cryptocurrency exchange. The probe, confirmed in early February, centers on serious allegations of unfair trade practices related to the exclusive trading of Dunamu’s own unlisted shares. This move […]

South Korea's FSS VISTA platform using AI for unfair virtual asset trading detection and market surveillance.
Blockchain News

AI Virtual Asset Trading Surveillance: South Korea’s FSS Deploys Revolutionary VISTA Platform

Seoul, South Korea – February 2, 2025: In a landmark move for financial market integrity, South Korea’s Financial Supervisory Service (FSS) has fundamentally transformed its approach to monitoring the volatile cryptocurrency sector. The regulator announced the deployment of VISTA, its proprietary trading analysis platform, now supercharged with a sophisticated artificial intelligence algorithm designed to autonomously […]

Bithumb crypto exchange complies with OFAC sanctions by suspending transactions with Iran-related exchanges Zedxion and Zedcex.
Blockchain News

Bithumb Takes Decisive Action: Suspends Transactions with Sanctioned Iran-Related Crypto Exchanges

Seoul, South Korea: In a significant move highlighting the tightening regulatory landscape for cryptocurrency, South Korea’s leading digital asset exchange, Bithumb, has announced a decisive suspension of deposit and withdrawal services for two specific platforms. The action targets the Iran-related exchanges Zedxion and Zedcex, following their designation on the U.S. Department of the Treasury’s Office […]

B2N and Binance executives finalize partnership to build the Binance Pay crypto payment ecosystem in South Korea.
Blockchain News

Pivotal: B2N Partners with Binance to Build Crypto Payment Ecosystem in South Korea

Seoul, South Korea – February 1, 2025: In a move signaling a significant evolution for digital asset integration in one of Asia’s most technologically advanced economies, KOSDAQ-listed IT firm B2N has officially partnered with global cryptocurrency exchange giant Binance. The collaboration, first reported by Chosun Biz, centers on developing and launching the Binance Pay ecosystem […]

Graph showing record XRP withdrawal addresses from Upbit exchange, indicating potential investor accumulation.
Blockchain News

XRP Withdrawal Addresses from Upbit Skyrocket to Unprecedented 3,200, Signaling Major Shift

Seoul, South Korea, January 2025: A significant and potentially bullish trend is unfolding in the XRP market, centered on one of Asia’s largest cryptocurrency exchanges. Data from the analytics platform CryptoQuant reveals that the number of unique addresses withdrawing XRP from the South Korean exchange Upbit has surged to an all-time high of 3,200. This […]

Binance's plan to repay Gopax GoFi users and target South Korea's top crypto exchange market share.
Blockchain News

Binance’s Bold Move: Repaying Gopax GoFi Users This Year to Capture South Korea’s Crypto Crown

Seoul, South Korea – May 2025: In a decisive move to solidify its presence in a critical Asian market, global cryptocurrency exchange Binance has announced plans to complete repayments to users of the South Korean exchange Gopax’s troubled GoFi service within this year. This action forms the cornerstone of a broader, ambitious strategy where Binance […]

Coinone exchange extends Trust Wallet Token delisting watchlist status for South Korean crypto investors
Blockchain News

Coinone Delisting Watchlist: Trust Wallet Token Faces Extended Scrutiny

Seoul, South Korea, March 2025: The South Korean cryptocurrency exchange Coinone has announced a significant extension of its delisting watchlist status for Trust Wallet Token (TWT), maintaining the digital asset under heightened scrutiny for an additional month. This decision, published on the exchange’s official website, represents a critical development for TWT holders and offers insight […]