Do Kwon could serve prison in both US and South Korea, prosecutor says
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Terraform Labs co-founder and CEO
Meanwhile, South Korean authorities have started reviewing Binance’s acquisition deals in the country after the crypto exchange got into a legal battle with the United States Securities and Exchange Commission.
A local report suggests that South Korea’s financial watchdog — the Financial Service Committee — is reviewing Binance’s acquisition of local crypto trading platform Gopax.
In its review of the Gopax deal, the FSC pointed out that Binance’s alleged securities law violations and requests from the SEC to freeze Binance.US assets make it difficult to accept the acquisition request at this point.
