Crypto Man: A Peek Into Korea's Crypto Obsession, Inspired by the 2022 Terra Crash?
The highly anticipated South Korean film Crypto Man inspired by real events surrounding a $50 billion Won cryptocurrency crash is set to hit theatres in Jan 2025.

The highly anticipated South Korean film Crypto Man inspired by real events surrounding a $50 billion Won cryptocurrency crash is set to hit theatres in Jan 2025.
Despite his imprisonment, it is reported that Do Kwon, the disgraced founder of Terra, managed to make multiple cryptocurrency payments while in custody in Montenegro.
The Terra blockchain suffered a security breach due to a missed patch, resulting in a significant loss of tokens. The platform is implementing emergency measures to prevent future attacks.
Billion-dollar bombshell: Do Kwon and Terraform Labs embroiled in $4.5 billion SEC penalty! Explosive new evidence suggests a shocking conspiracy behind the catastrophic collapse of Terra, LUNA, and UST. Could Do Kwon and Daniel Shin orchestrate the fall of Terra from the beginning?
The federal regulator established that the stablecoin issuer and its founder provided misleading information to investors.
Prosecutors seek stricter bail conditions for Binance founder Zhao, citing flight risks due to wealth and connections. Despite legal hurdles, Binance saw a 30% increase in users, potentially boosted by smooth leadership transitions and Zhao's positive reputation.
Terraform Labs founder Do Kwon went from being a billionaire to Montenegro jail. What happened?
Earlier on 19 August, the network had issued a warning to its users, advising them to avoid interacting with any website utilizing the terra(dot)money domain until the platform regained full control of the website.
The United States Securities and Exchange Commission (SEC) has amplified its scrutiny of Terraform Labs by forming a partnership with the South Korean government.
Metaplanet aims to increase its Bitcoin holdings to 10,000 BTC by the end of 2025. The company grew its holdings from 225 to 1,761 BTC in 2024, using bond issuances for funding.
Jeju Island, South Korea's popular tourist destination, will trial NFT-based tourist cards offering discounts and travel incentives to attract younger visitors and enhance their experience, positioning the island as a forward-thinking hub embracing blockchain technology.
Hong Kong police arrested 31 people after dismantling a deepfake romance scam that swindled over HK$34 million from victims in Taiwan, Singapore, and Malaysia. The criminals used AI-generated profiles to trick people into investing in fake cryptocurrency platforms.
Vitalik Buterin sold 28 meme coins, raising abround 984,000 USDC for his charity, Kanro. The move triggered extreme price swings, with some tokens dropping over 50% while others surged past 100%, underscoring meme coin volatility.
US prosecutors estimate over one million victims in the $40 billion Terra collapse. Terraform Labs co-founder Do Kwon, in US custody, denies nine felony fraud charges. His 8 January pretrial conference marks a pivotal moment in crypto’s biggest fraud case.
Gemini Trust settled with the CFTC for $5 million over misleading statements made while seeking approval for Bitcoin futures contracts. The settlement avoids a trial and highlights ongoing regulatory challenges facing crypto firms.
Binance CEO Richard Teng believes a globally distributed workforce is crucial for attracting top talent and improving customer service. While many companies are returning to the office, Binance maintains its commitment to remote work. Could this be key to its success?
Samsung will reveal its new Galaxy S25 series, including the slim S25 Ultra, at an event on January 22, 2025, showcasing advancements in mobile AI. The event will be livestreamed globally, with pre-order deals offering credits and a chance to win a $5,000 Samsung gift card.
Notebooks seized by police revealed deepfake-driven fraud. Authorities arrested 31 suspects, including students. Is online romance now a minefield of deception?
Cambodia's central bank introduced new rules for digital assets, allowing banks to engage with tokenized assets and stablecoins but banning direct cryptocurrency holdings. Non-compliance could result in heavy fines, aiming to protect the financial system and consumers.