One of South Korea’s largest cryptocurrency exchanges, Bithumb, has reportedly announced that it will gradually lower the withdrawal limit for any accounts that have not been converted to real-name ones, citing risks of financial crimes. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Lowering Withdrawal Limit Bithumb reportedly said on Monday that it has “decided […]
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A South Korean cryptocurrency exchange said it suffered an internal system error which affected withdrawals. The exchange claimed that users were able to withdraw five times the number of coins they requested. It is asking for the coins back, and will seek civil liabilities and damages from users who do not voluntarily return the coins. […]
Reports from the 대한민국 Republic of South Korea (ROK) indicate its Customs Service announced on Wednesday, 31 January 2018, it has discovered “cryptocurrency crimes” which amount to nearly 600 million USD. Also read: Nassim Nicholas Taleb vs David Birch on The Bitcoin Standard South Korea Customs Service Finds Almost $600 Million in Cryptocurrency Crime ROK Customs […]