Category: Korean

South Korean court denies prosecutors’ arrest warrant request for Samsung heir Jay Lee
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South Korean court denies prosecutors’ arrest warrant request for Samsung heir Jay Lee

A South Korean court denied an arrest warrant request for Samsung Group heir apparent Jay Y. Lee, saying that although prosecutors’ secured “a considerable amount of evidence,” it was still not enough to detain Lee. Prosecutors filed for the warrant last week, accusing Lee of accounting fraud and stock manipulation. Prosecutors allege that the value…

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South Korean Crypto-Payments Platform HUPAYX Expands Reach to over 400,000 Retailers
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South Korean Crypto-Payments Platform HUPAYX Expands Reach to over 400,000 Retailers

South Korea has become one of the world’s most well-established blockchain and cryptocurrency pioneers in recent years. With significant strides taken to adopt the nascent sector, despite some contentious regulatory actions, the forward-thinking nation has set a unique standard for the world to observe and follow. Crypto Adoption Notably, South Korea is reportedly the third-largest…

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