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Category: coinnest
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Coinnest Executives Indicted for Accepting Bribe for Coin Listing
The Seoul Southern District Public Prosecutors’ Office has reportedly indicted two executives of South Korean crypto exchange Coinnest for accepting a bribe in exchange for listing a cryptocurrency. According to local media, they received 1 billion won (~US$890,000) worth of cryptocurrencies – mostly BTC. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals […]
The post Coinnest Executives Indicted for Accepting Bribe for Coin Listing appeared first on Bitcoin News.
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Korean Government: 11 out of 21 Crypto Exchanges Complete Security Measures
The South Korean government has announced the outcome of its inspection of 21 cryptocurrency exchanges. While a number of exchanges have completed implementing both short-term and wallet management measures, many security vulnerabilities remain at most exchanges. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space 21 Exchanges Inspected South Korea’s government has announced the result […]
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PR: Tron Mainnet Launched – Young Team Dispelled Rumors with Sweat, Perseverance and Success
TRX made a hit as the first cryptocurrency whose value exceeded a hundred times of its issuance price in 2018 when the New Year had been only a few days away. In a flash, it squeezed itself into the Top 20 list of cryptos with highest market capitalization. Since then, TRON has recruited a mighty tech team and released a series of iterations. Albeit good news now and then, TRON is never short of controversaries and even rumors.
The post PR: Tron Mainnet Launched – Young Team Dispelled Rumors with Sweat, Perseverance and Success appeared first on Bitcoin News.
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Arrest Warrants Issued to Employees of South Korean Crypto Exchange
Arrest warrants have reportedly been issued to three employees of a small South Korean cryptocurrency exchange, including its representative director. The three are “suspected [of] fraud and embezzlement,” according to local media. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Arrest Warrants for Crypto Exchange’s Employees On Monday, local media reported that arrest warrants […]
The post Arrest Warrants Issued to Employees of South Korean Crypto Exchange appeared first on Bitcoin News.
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South Korea’s Largest Crypto Exchange Upbit Under Investigation for Fraud
The largest cryptocurrency exchange in South Korea, Upbit, is suspected of fraud and is currently under investigation. The prosecutors have conducted searches at the exchange and confiscated computers and accounting records. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Upbit Under Investigation South Korea’s largest cryptocurrency exchange, the Kakao-backed Upbit is suspected of fraud, […]
The post South Korea’s Largest Crypto Exchange Upbit Under Investigation for Fraud appeared first on Bitcoin News.
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CoinNest CEO Arrested on Suspicion of Stealing Customer Funds
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CEO of Korean Exchange Coinnest among Four Arrested for Fraud
South Korean police have arrested four high-ranking representatives of two cryptocurrency exchanges, including Coinnest’s CEO. They were detained on arrest warrants issued after a fraud investigation, prosecutors said. The executives are accused of embezzling funds belonging to customers and may face additional charges. Also read: Three South Korean Crypto Exchanges Raided for Diverting Funds Suspects […]
The post CEO of Korean Exchange Coinnest among Four Arrested for Fraud appeared first on Bitcoin News.
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