South Korean Police Raids the Headquarter of Crypto Exchange Bithumb for Fraud

[G.Belaci]

Choose your exchange wisely: https://www.worldcoinindex.com/news/south-korean-police-raids-the-headquarter-of-crypto-exchange-bithumb-for-fraud-and-embezzlement

[Nboramir]

It would have been better if you had created a slightly more descriptive topic rather than linking to the site. We wouldn't have had the stress of clicking any link.

[TomPluz]

I am surprised and shocked of this development all because I understand that Bithumb is one of South Korea's top and most-known crypto exchange platform with a lot of users on the global scale. This is sending some chill to many traders and I am sure that many are already thinking to disassociate themselves from any exchange based on this country. Seems to me that SoKor has become like the China in connection with crypto exchanges.

[shadowdio]

Last week coinbit was raided by the police because of faking volume and now bithumb because of fraud? Good action by south korean government. The suspicious activities of the exchange should be down.

[KKH84]

Choose your exchange wisely: https://www.worldcoinindex.com/news/south-korean-police-raids-the-headquarter-of-crypto-exchange-bithumb-for-fraud-and-embezzlement

This is shocking news to me, Bithumb is one good exchange in my opinion.  Henceforth I will be a little careful with exchanges based in South Korea.  Thank you for the information you provide.