THE HASH: Do Kwon's Passport Set to Be 'Invalidated' by South Korea; Warner Music Group's Web3 Push
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 6 October 2022
⏱️ 27 minutes
🧾️ Download transcript
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.
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This episode has been edited by Michele Musso. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.”
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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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