Korea has zero crypto taxes and cheaper cost of living - not a major factor in my decision
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Are you not being pursued by the Korean tax authorities for over $78m in unpaid business taxes? Singapore has lower business taxes and zero capital gains tax. Your ex-dev also mentioned Korean tax officials were 'harassing' employees in your office. Come on now...
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We have no outstanding tax liabilities in Korea
The NTS did conduct a tax audit across all the major crypto cos with a presence in Korea and applied Korean tax code to foreign mother companies, and every company ended up paying as a result - we paid in full
Not unique to TFL
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Very interesting - that's completely contrary to what the media says, but thank you for the information. It would be awesome if you could post more details/evidence of this at some point.
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Understand why this would be interesting to look at for gossip but not sure if its relevant to anything thats going on
Korean govt needed money to shore up covid spending, creatively charged millions from crypto companies, and we paid our share in full - all there is to it
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We are down $30 billion this year
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Why don't you try to burn the luna?
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Replying to @Tony22848515 @jackdx16 and 3 others
How would I burn Luna exactly
I dont own the Luna millions of people are holding, and we control less than 0.1% of the supply
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Why are you hurting tens of thousands of luna holders by increasing the supply so much because of you, people put an end to their lives, they lost what they had saved for years, their families were destroyed How you minted so much coins in 3 days, you also removed a lot of money.
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*I* didnt increase supply - users selling ust for luna burned ust and minted luna
Turn off the mechanism to make luna. Put in proposal to do a tax and burn. Not hard to try and see what the community wants.
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So obvious to me. I wonder why he won’t implement this strategy, any ideas?
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