Major Korean crypto exchange seized after 99% trading volume allegedly faked
(https://i.imgur.com/cmlVYsKl.jpg)
Police claim that wash trading and market manipulation by the owner and management team of the Coinbit exchange netted over 100 billion won. See more for yourself here (https://cointelegraph.com/news/major-korean-crypto-exchange-seized-after-99-trading-volume-allegedly-faked).
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