In a startling turn of events, a former executive at Coinone, one of South Korea’s top cryptocurrency exchanges, has received bribes for listing specific cryptocurrencies on the platform. The accused executive, Jeon, allegedly received around 2 billion Korean won (approximately $1.5 million) between...
Four employees of South Korean crypto exchange Coinone have been indicted for allegedly employing illegal methods to amass profits exceeding 2.98 billion Korean won ($2.26 million) during coin listings from multiple projects. The information was reported by local news outlet The JoongAng on...
Prosecutors conducted a raid on two prominent South Korean cryptocurrency exchanges, Upbit and Bithumb, as part of an ongoing investigation into allegations surrounding independent lawmaker Kim Nam-kuk’s digital assets. The team of investigators from the Seoul Southern District Prosecutors Office seized transaction records...