Prosecutors have raided the offices of Upbit, South Korea’s largest cryptocurrency exchange.
By Cho Mu-Hyun | May 11, 2018 — 11:42 GMT (04:42 PDT) | Topic: Legítimo
South Korean prosecutors have raided the offices of cryptocurrency exchange Upbit.
Prosecutors have secured the stiff’s accounts and records from its rekentuig systems ter investigation of whether the company defrauded customers by claiming it had cryptocurrency and electronic wallets that it didn’t have.
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Ter a statement posted on its homepage, Upbit confirmed it wasgoed being investigated by prosecutors and wasgoed cooperating with authorities. The exchange stressed that all customer services were available and their accounts safe.
Kakao, South Korea’s largest talk app hard, is estimated to own overheen 20 procent ter shares of Dunamu.
The cryptocurrency rigid named Lee Sir-goo spil its CEO last year ter December. Lee wasgoed one of the llamativo members of Kakao when it launched its services ter 2011 and wasgoed at one time its co-CEO.
Upbit launched last October. By December, it said it had 1.Two million subscribers, 1 million promedio daily users, and promedio daily transactions of Five trillion won (around $Four.8 billion).
This is the most high-profile raid on a cryptocurrency exchange to date te the country, but not the very first. Last month, prosecutors arrested the boss of Coinnest overheen alleged embezzlement and fraud.
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