SEOUL– Former National Security Adviser Suh Hoon was indicted Friday on charges of irregularities surrounding the 2020 death of a South Korean government official at the hands of North Korea in the first indictment of a ranking official in the preceding Moon Jae-in government. The Seoul Central District Prosecutors Office has been investigating the … Read more
SEOUL– A Seoul court on Wednesday denied an injunction request filed by the operator of cryptocurrency Wemix to block the enforcement of crypto exchanges’ decision to delist the coin. In late November, the Digital Asset eXchange Association (DAXA) — an alliance formed by Upbit, Bithumb, Coinone, Korbit and Gopax — announced they will terminate … Read more
SEOUL– The Seoul Family Court on Tuesday ordered SK Group Chairman Chey Tae-won to pay 100 million won (US$76,200) in alimony and 66.5 billion won in property division to his wife, Roh So-young, as it approved their divorce after 34 years of marriage. Chey, who runs South Korea’s second-largest conglomerate, and Roh, the daughter … Read more
SEOUL– Four senior police officers separately attended a court hearing on Monday to determine whether they will be arrested for their alleged bungled response to the deadly crowd crush in Seoul’s Itaewon neighborhood. The four are Lee Im-jae, former head of the Yongsan Police Station covering the Itaewon district; Park Sung-min, former high-ranking intelligence … Read more
SEOUL, A Seoul court denied a warrant on Saturday to detain Daniel Shin, co-founder of Terraform Labs, on charges of gaining illegal profits before the massive collapse of the blockchain firm’s cryptocurrencies. Prosecutors have also sought warrants to arrest three other Terraform Labs investors and four engineers of the firm’s cryptocurrencies — TerraUSD and … Read more
SEOUL, A Seoul court issued an arrest warrant on Saturday for former National Security Adviser Suh Hoon on charges of irregularities surrounding the 2020 death of a South Korean government official at the hands of North Korea. Suh is accused of being involved in the previous Moon Jae-in government’s conclusion without sufficient evidence that … Read more
SEOUL– Prosecutors on Friday demanded five years in prison and a fine of 12 million won (US$9,225) for former Justice Minister Cho Kuk, who stands accused of academic irregularities involving his children and interference with an inspection into a corruption case. Cho was indicted in December 2019 for fabricating documents to help his children … Read more
SEOUL– An appellate court on Wednesday halted a six-month business suspension penalty cable TV channel MBN had received on accounting fraud charges. The Korea Communications Commission (KCC) handed the heavy punishment in November 2020 with a six-month grace period, concluding the channel illegally raised its capital in violation of the broadcasting act. The … Read more