South Korean prosecutors have banned Terra employees from leaving the country Monica Noronha · 3 hours ago · 1 min read
Terraform Labs employees are banned from leaving South Korea as the prosecutors office explores charging Do Kwon with fraud and other crimes.
1 min read
Updated: June 20, 2022 at 8:01 pm
Cover art/illustration via CryptoSlate
South Korea’s prosecutor’s office has restricted key employees of Terraform Labs from leaving the country, according to a report by local media outlet JTBC on June 20.
The travel ban has been imposed to prevent Terra employees from fleeing the country to avoid investigation, according to JTBC.
The Seoul Southern District Prosecutor’s Office levied the departure ban in connection with the ongoing investigation against Terraform Labs for its role in the collapse of TerraUSD(UST).
JTBC reported that Terra founder and CEO Do Kwon is currently residing in Singapore. Therefore, the prosecutor’s office is looking to invalidate Kwon’s passport before further investigation. The prosecutors are also exploring whether Kwon and other Terra employees can be charged with crimes such as fraud.
The travel ban encompasses even former employees of Terra, as pointed out by Daniel Hong, a former developer at Terra.
stop asking me why i couldn’t make it to NYC frens, this is why: the Korean government imposed an exit ban for all ex-@terra_money employees today pic.twitter.com/5Jds99ZNwQ
— Daniel Hong 🪄 (@unifiedh) June 20, 2022
In the short Twitter thread, Hong went on to say that he and other employees were not notified about the ban. When Hong contacted the prosecutor’s office, he was informed that such bans are not announced to prevent investigation targets from destroying evidence.
Hong said that being treated as “potential criminals” is “absolutely outrageous and unacceptable.” He added that the travel ban might lead some employees to change their minds about cooperating with the authorities.
South Korean authorities launched investigations into Terraform Labs and its employees after the collapse of UST and its sister token LUNA, which left over 200,000 Koreans affected.
In addition, South Korea’s top crypto exchanges have agreed to form a consultative body to ensure stringent coin listing rules and avoid a repeat of the Terra-LUNA fiasco.
CHP officer fatally shot during traffic stop in Studio City
LOS ANGELES — A California Highway Patrol officer was shot and critically wounded Monday night and the attacker was being sought, authorities said.
The officer is believed to be in critical condition.
The shooting happened in the area of Landale Street, just east of Laurel Canyon Boulevard, on Campbell Hall Episcopal school property just before 8 p.m., CHP said.
Witnesses said that the CHP officer attempted to pull over a car but the driver initially refused. Eventually, the driver and officer pulled into the parking lot at Campbell Hall Episcopal, a private K-12 grade school, and then shots were fired.
A description of the suspect was not available.
A large police presence surrounded an apartment complex in the area of Saticoy Street and Haskell Avenue in Van Nuys, where the shooter is believed to be holed up.
A car matching the suspect vehicle description was found near the apartment complex.
It was not immediately known if anyone had been arrested.
The investigation is ongoing
Newspaper Twitter account hacked to promote Goblintown phishing scam
Newspaper Twitter account hacked to promote Goblintown phishing scam Jinia Shawdagor · 13 seconds ago · 2 min read
The hacker behind the goblintown.wtf scam is also responsible for the attack on the Azuki Beanz NFT project.
2 min read
Updated: June 10, 2022 at 12:28 am
Cover art/illustration via CryptoSlate
A Twitter hacker has compromised the account of EL Universal, a Latin American newspaper, to promote a fraudulent goblintown.wtf giveaway, an Ethereum-based non-fungible token (NFT) project, on-chain analyst @NFTherder unveiled.
Maybe someone should tell the Latin American Newspaper Association that one of their newspaper’s @ElUniversal twitter account was hacked on June 4th and has been spamming Goblingtown scam nft tweets ever since. I mean, they only have 5 million followers … pic.twitter.com/rP55MEdDZo
— OKHotshot (@NFTherder) June 9, 2022
The attacker changed El Universal’s Twitter name to goblintown.wtf, but left the username, @ElUniversal, intact. Additionally, the malicious actor linked a phishing URL to the account, hoping to steal from unwitting goblintown.wtf holders. The URL swaps the N in town with M.
According to @NFTherder, the attacker took control of El Universal’s account – which has 5.1 million followers – on June 4. Since then, the hacker has posted fraudulent tweets, promising to airdrop an additional 10,000 Goblins.
The goblintown.wtf collection has 9,999 NFTs, with the cheapest going for 5 Ethereum (ETH).
While the extent of the attack remains unknown, a Twitter user going by @topshotkief.eth claims to have lost 10 NFTs to the scam. Specifically, the user alleges that the attacker stole two Mutant Ape Yacht Club (MAYC) pieces and eight Cool Cats.
@NFTherder further revealed:
Of course the Goblintowm scam does ApprovalForAll to steal the assets of those that approve. It also seems the wallet responsible for @ElUniversal twitter account hack previously pulled off an Azuki Beanz scam.
After in-depth analysis, the analyst found that the address behind the goblintowm scam and the Azuki Beanz attack is the same.
Attackers continue targeting projects making headlines
This news comes after goblintown.wtf launched on May 22 and quickly rose to the top of NFT charts. Despite being less than a month old, the project has recorded a trading volume exceeding $70 million, according to data from Cryptoslam. Goblintown.wtf’s success comes as flagship NFTs collections like CryptoPunks, BAYC, Meebits, and Mutant Ape continue declining.
The goblintown.wtf scam comes as bad actors continue attacking the NFT space. Earlier this month, an attacker compromised the Discord server of Yuga Labs’ Bored Ape Yacht Club (BAYC) project and stole approximately $355,000 worth of NFTs.
Before this, an exploit on BAYC’s Instagram account resulted in the theft of at least 54 NFTs. This hack came a few days ahead of Yuga Labs’ overhyped metaverse launch.
In May, renowned digital artist Mike Winkelmann – professionally known as Beeple – had his Twitter account hacked. This attack came after Beeple partnered with fashion giant Louis Vuitton to create 30 NFTs.
3 dead, 1 injured in shooting at Maryland factory: Sheriff
Three people are dead and one critically injured after a shooting at a factory in Smithsburg, Maryland, Thursday afternoon, authorities said.
The alleged gunman was wounded in an ensuing shootout with state police, authorities said.
The Washington County Sheriff’s Office said it responded to reports of an active shooter at Columbia Machine at around 2:30 p.m. and found the victims.
The alleged shooter had fled the scene and was apprehended by Maryland State Police in nearby Hagerstown based on a description of the suspect, the sheriff’s office said.
The suspect and a state trooper exchanged gunfire, and both were injured and transported for medical treatment, the sheriff’s office said.
“There is no confirmed active threat to the community in relation to this incident,” the Washington County Sheriff’s Office said.
The FBI and Bureau of Alcohol, Tobacco, Firearms and Explosives are assisting in the investigation.
Washington County Sheriff spokesperson Sgt. Carly Hose said the alleged shooter is a man, though no additional information on the suspect or a possible motive was released.
Hose could not confirm the employment status of the suspect or victims.
Columbia Machine manufactures concrete products equipment. Smithsburg is about 70 miles northwest of Washington, D.C
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