Coinone and Bithumb Raided by Authorities

in #cryptocurrency7 years ago

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Two of the largest exchanges in South Korea - Coinone and Bithumb - were raided by authorities this week on suspicion of tax evasion. Reuters reported the raids earlier today. Depending on the outcome this could have a significant impact on the trading market. It is something to keep an eye on to see what kind of action authorities will take.

Source:
https://www.reuters.com/article/us-southkorea-bitcoin/south-koreas-major-cryptocurreny-exchanges-raided-by-police-tax-authorities-idUSKBN1F002B