THE HASH: Do Kwon's Passport Set to Be 'Invalidated' by South Korea; Warner Music Group's Web3 Push

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4.7 • 698 Ratings

🗓️ 6 October 2022

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

This episode is sponsored by ZenGo. The most valuable crypto stories for Thursday, Oct. 6, 2022. The South Korean Ministry of Foreign Affairs posted a public notice on its website Wednesday announcing it would invalidate Terra creator Do Kwon's passport, advancing a move the government first said it was considering last month. Plus, a closer look at how Warner Music Group plans to expand its Web3 strategy. See also: Terra Founder Do Kwon's Passport 'Invalidated,' S. Korea Says Warner Music Group Continues Its Web3 Expansion With New Metaverse Job Posting Celsius’ Top Execs Cashed Out $17M in Crypto Before Bankruptcy Since publication, the reporting and headline about Celsius Top Execs has been corrected to $17 million based on documentation provided by CTO Nuke Goldstein’s lawyers, who showed that most of his apparent withdrawals were sent to other accounts at Celsius. The original headline indicated a figure of $42 million. - This episode has been edited by Michele Musso. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.” - ZenGo crypto wallet is an on-chain crypto wallet with no private key vulnerability, leveraging advanced cryptography called MPC. Get started at ZenGo.com/HASH and use code HASH to get $20 back on your first purchase of $200 or more. Terms and conditions apply. See site for details. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0	This episode is sponsored by Zengo.
0:10.3	This is the hash podcast.
0:12.9	Stay informed with the latest on Bitcoin, ETH, the Metaverse, Web3, and more,
0:18.0	with stories that matter to the crypto world, all on the hash for your ears.
0:23.9	You're listening to the Coin Desk Podcast Network.
0:28.4	Hey there. How you doing? My name's Zach Seward. You're watching CoinDest TV. You are joined by
0:33.6	Will Foxley, Jensenassie, and special guest, Christy Harkin. Hey, Christy, how you doing?
0:39.1	There she is. All right, we're going to get you up to speed on all it's going on in the world of crypto.
0:43.4	We're going to start with some more drama. Will, what is going on with Doe Kwan and Terraform Labs?
0:49.2	You got the latest. Doe Quan Watch, the saga continues. According to any report from CNBC, South Green authorities have
0:57.5	arrested a general affairs person over at Terraform Labs with the surname U. That's all the information
1:04.2	we have as of right now. They can only arrest a person for 48 hours before releasing them unless
1:09.8	they get a warrant. So I think
1:11.1	they are in the process of getting that warrant. Of course, the note for Doquan continues, including
1:17.1	Interpol looking for him and a few other executives at Terraformed Labs. This is the first
1:23.2	arrest that we've seen from the fallout of LFG, Luna and Tara back in May.
1:29.0	So a pretty significant step up for South Agreement prosecutors who are again looking to
1:34.2	collect Doquan and the executives at Terraform Labs related to the collapse of Tara Luna.
1:40.5	Zach, I'm going to throw this one over to you, get your take on it.
1:43.2	Yeah, man.
1:43.7	We were talking about this yesterday.
1:45.1	Crypto's just one big soap opera and we keep coming back for plot twists such as this.
	...

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