Prosecutors in South Korea have enforced a travel ban on key officials from Haru Investment, Delio, and B&S Holdings as part of an investigation into potential fraud connected with “serial suspending withdrawals.” The Seoul Southern District Prosecutors’ Office is looking into the criminal complaint of digital asset managers in connection with the preemptive measure aimed at keeping these executives within the country.
Meanwhile, law enforcement officials and retailers across the USA have been investigating a recent wave of bomb threats aimed at grocery operators and other stores, which demanded ransom payments of $5,000 in bitcoin. Major retail companies, including Walmart, Kroger, and Amazon’s Whole Foods Market reportedly received such threats.
In other news, crypto exchange Gemini has permitted withdrawals to the victims of the Voyager Digital bankruptcy case. By creating a Gemini account, Voyager customers can now withdraw their crypto in-kind amid the claims distribution process. Furthermore, Voyager customers from the US will receive a promotional $5 in BTC after signing up and becoming verified within 30 days of opening their accounts.
According to an anonymous source, Binance withdrew its license application from the Austrian Financial Market Authority (FMA) due to increased pressure from the authority. A Binance spokesperson stated that they will continue to act in accordance with their commitments wherever they operate. Also, Binance reversed its plan to delist several privacy coins in Europe after revising operations to comply with local regulations. After a careful consideration of feedback from the community and various projects, the exchange has revised its privacy coin classification on its platform.
Bitget announced the launch of Bitget TR, which will cater to users in Turkey seeking localized services. Turkish users can now access Bitget products and services through a portal designed explicitly for their language and specific financial needs. Local users are also allowed to trade using the Turkish Lira (TRY) with the addition of a fiat gateway.
Bybit obtained a license from the Cyprus Securities and Exchange Commission (CySEC), which enables them to operate as a crypto exchange and provide custody services. The new license will also allow them to provide a comprehensive set of services, including trading between crypto and fiat pairs, catering to crypto-related financial services, and offering custody solutions.
Interestingly, Japan’s National Tax Agency has announced that crypto issuers will not need to pay capital gains taxes on unrealized gains. This exemption will also apply to unrealized gains from holding certain cryptocurrencies continuously from the date of issuance, or from employing technical measures to prevent the transfer of the crypto to others.
Source: Cryptonews
