One of South Korea’s largest exchanges, it was already raided last week. Their chairman, Lee Jung-hoon, is being accused of fraud and illicitly sending funds overseas.
Wow, that is not a good look for Bithumb at all.
Another raid, and seizure of shares. More dominos are falling.
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I also read the news that South Korean officials raided the offices of Bithumb for the second time in a week.
…What were they involved in?
Yeah, I also wonder what really happened there.
the exchanges are litteraly creating fake money by printing fake tether and injecting it into crypto market in order to rise the price artificially (they create fake demand)
this is only a privilege gift to central banks and private banks. they are now bothering the system and are being dismantled. the institutions laughed enough, now its time to end the circus