South Korean Authorities Raid Three Cryptocurrency Exchanges

South Korea continues to make headlines in the cryptocurrency world as authorities raided and confiscated property from three cryptocurrency exchanges following a January investigation. Raiding Party Last month, legal authorities in Seoul raided three cryptocurrency exchanges. The raids followed a government investigation in January, which concluded that a certain amount of customer’s assets had been illegally transferred to exchange managers’ private bank accounts. According to lead prosecutorΒ Jeong Dae-jeong, authorities conducted the raids over a three Read More The post South Korean Authorities Raid Three Cryptocurrency Exchanges appeared first on Bitcoinist.com.



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