Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto Exchanges => Topic started by: Lenipiw on September 02, 2020, 10:12:54 AM
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Another exchange in South Korea comes under the police spotlight.
Seoul police have reportedly raided Bithumb, the largest cryptocurrency exchange in South Korea.
According to a report by local publication Seoul Shinmun, an intelligence crime unit at the Seoul Metropolitan Police Agency has reportedly conducted search and seizure investigations at Bithumb’s office in the Gangnam District on Sept. 2.
Visit Here: https://cointelegraph.com/news/seoul-police-reportedly-investigating-korea-s-largest-crypto-exchange-bithumb
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Another exchange in South Korea comes under the police spotlight.
Seoul police have reportedly raided Bithumb, the largest cryptocurrency exchange in South Korea.
According to a report by local publication Seoul Shinmun, an intelligence crime unit at the Seoul Metropolitan Police Agency has reportedly conducted search and seizure investigations at Bithumb’s office in the Gangnam District on Sept. 2.
Visit Here: https://cointelegraph.com/news/seoul-police-reportedly-investigating-korea-s-largest-crypto-exchange-bithumb
The news that Bithumb, one of the largest crypto money exchanges in the world and South Korea, was seized by law enforcement agencies on suspicion of fraud was on the agenda. The report, which was quoted by The Block and based on local news sources, stated that the leading crypto exchange's offices in South Korea were printed.
Friends with investment should be careful!
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The executive has reportedly been under investigation for alleged economic fraud involving the token known as BXA. The token was purportedly promoted as Bithumb’s native token that eventually turned out to be involved in high scale fraud that caused investor damages of 30 billion won ($25 million).