• News
    • Bitcoin
    • Altcoins
    • Regulation
    • Blockchain
    • Scam
  • DeFi Zone
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Videos
  • Market Cap
Facebook Twitter Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
Facebook Twitter Instagram
Crypto World VisionCrypto World Vision
  • News
    • Bitcoin
    • Altcoins
    • Regulation
    • Blockchain
    • Scam
  • DeFi Zone
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Videos
  • Market Cap
Crypto World VisionCrypto World Vision
Home»Regulation»South Korean court dismisses arrest warrant for Do Kwon’s aide
Regulation

South Korean court dismisses arrest warrant for Do Kwon’s aide

2022-10-15No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
South Korean court dismisses arrest warrant for Do Kwon’s aide
Share
Facebook Twitter LinkedIn Pinterest Email

A South Korean District Courtroom has dismissed the arrest warrant issued in opposition to the Head of Common Affairs at Terraform Labs Yoo Mo, in line with native information Yonhap.

Yoo Mo, who doubled as Do Kwon’s aide, was reportedly arrested within the early hours of Oct. 6, following an arrest warrant issued on Oct. 5.

Mo was accused of utilizing bots to inflate the costs of the LUNA token, in addition to violating the Capital Market Act.

Choose Jin-pyo argued that Mo could not have violated the Capital Market Act, as LUNA has not been categorized as a safety beneath South Korean regulation.

“There appears to be room for authorized dispute over whether or not the LUNA coin is an funding contract safety beneath the Capital Market Act.”

After interrogating Do Kwon’s aide, Choose Jin-pyo moved to dismiss the arrest warrant in opposition to him saying “it’s troublesome to see the need and significance of the arrest.”

Journalist at CryptoSlate

Christian is a crypto-curious nerd who loves to analyze how protocols work beneath the hood. Christian is focused on DeFi protocol analysis, token economics, and on-chain analytics.

Disclaimer: Our writers’ opinions are solely their very own and don’t replicate the opinion of CryptoSlate. Not one of the info you learn on CryptoSlate ought to be taken as funding recommendation, nor does CryptoSlate endorse any challenge which may be talked about or linked to on this article. Shopping for and buying and selling cryptocurrencies ought to be thought-about a high-risk exercise. Please do your personal due diligence earlier than taking any motion associated to content material inside this text. Lastly, CryptoSlate takes no accountability do you have to lose cash buying and selling cryptocurrencies.

See also  Judge dismisses proposed class-action suit alleging Coinbase securities sales

Source link

aide arrest Court dismisses Korean Kwons South warrant
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

DOJ Says Agency Will Call Sam Bankman-Fried’s Coconspirators Who Entered Guilty Pleas To Witness Stand

2023-10-02

Kenyan authorities claim Worldcoin’s activities amount to ‘espionage’

2023-10-01

Shark Tank’s Kevin O’Leary Says New Regulatory-Compliant Crypto Exchange Set To Replace Binance and FTX

2023-10-01

Coinbase CEO Brian Armstrong Says the US Needs Crypto Regulatory Clarity To Maintain the Dollar-Based Soft Power

2023-09-30
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Institutional Outflows From Bitcoin Paints Bearish Picture For Crypto Market

2022-11-08

Ethereum Price Recovery Could Soon Fade If ETH Fails To Surpass $1,850

2023-05-16

BOE’s Cunliffe says regulation can save crypto from itself and it’s worth the effort

2022-11-22

Subscribe to Updates

Get the latest news and Update from Crypto World Division about Crypto, Metaverse, NFT and more.

Editors Picks

EIB Launches First-Ever Sterling-Denominated Digital Bond on Blockchain

2023-02-01

South Korea to deploy cryptocurrency tracking system in 2023

2023-01-30

ADA-backed algorithmic stablecoin ‘Djed’ launched on Cardano

2023-01-31

Ethereum Rallies Above $1,400 As Sharks Accumulate

2023-01-12

Crypto World Vision
Facebook Twitter Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
© 2023 Cryptoworldvision.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$23,418.000.75%
  • ethereumEthereum(ETH)$1,640.732.33%
  • USDEXUSDEX(USDEX)$1.07-0.53%
  • tetherTether(USDT)$1.00-0.10%
  • binancecoinBNB(BNB)$305.200.68%
  • usd-coinUSD Coin(USDC)$1.00-0.02%
  • rippleXRP(XRP)$0.374110-0.89%
  • okbOKB(OKB)$52.010.03%
  • cardanoCardano(ADA)$0.363892-0.29%
  • matic-networkPolygon(MATIC)$1.25-2.49%