Upbit in major fraud investigations


The South Korean government has been increasingly taking action against crypto exchanges since the start of the year. In January, the country’s police and tax office officials raided [Bithumb and Coinone exchanges amid an investigation into alleged tax evasion. In March, prosecutors [raided] three unnamed cryptocurrency exchanges over suspicions that staff embezzled funds from customers’ accounts.


When it comes to materialism and money,
Nothing surprises me.
Every New way we come up with to make it and secure it,
Someone comes up with a new way to take it.
Thanks for putting it in the spotlight @Chris_T