Spil no investors seem to have bot affected by Upbit’s alleged business practices, it would not be effortless for the authorities to bring any charges to bear,” said the source , who asked to remain anonymous due to the sensitivity of the kwestie.

Experts te the cryptocurrency sector of South Korea have stated that it will be difficult for the government and locorregional financial authorities to verkeersopstopping charges against UPbit, South Korea’s largest cryptocurrency exchange, given that no investors were affected.

Funds Verdadero, No Investors Affected

Last week, CCN reported that UPbit wasgoed raided and investigated by recinto police, Korea Financial Intelligence Unit (KIU) and Financial Services Commission (FSC) due to suspicions of fraud.

The verbinding to the Korean service may be especially enticing to Alibaba’s Chinese customers, spil the Chinese government recently announced plans to disband all domestic cryptocurrency exchanges with an aggressive timeline.

Companies of all kinds are looking to get te on the cryptocurrency exchange: retailers are increasingly accepting digital token payments for their goods or even launching their own cryptocurrencies. Now, South Korea’s largest instant messaging toneelpodium is looking to embark a fresh cryptocurrency exchange.

From time to time, reference may be made te our marketing materials to prior articles and opinions wij have published.

It wasgoed a rough Friday for cryptocurrencies, with all five top cryptocurrencies ter the crimson.

EOS (EOS-USD) wasgoed the top decliner of the day, falling more than 13% to US$14.97.

The second-largest decliner wasgoed Bitcoin Metselspecie (BCH-USD), falling almost 8% to US$1,399.27 followed by Ripple (XRP-USD), which fell more than 7% to US$0.Sixty-nine.

The second-largest decliner wasgoed Bitcoin Specie (BCH-USD), falling almost 8% to US$1,399.27 followed by Ripple (XRP-USD), which fell more than 7% to US$0.Sixty nine.

It wasgoed a rough Friday for cryptocurrencies, with all five top cryptocurrencies ter the crimson.

EOS (EOS-USD) wasgoed the top decliner of the day, falling more than 13% to US$14.97.

The second-largest decliner wasgoed Bitcoin Specie (BCH-USD), falling almost 8% to US$1,399.27 followed by Ripple (XRP-USD), which fell more than 7% to US$0.Sixty-nine.

Bitbond has already obtained its license spil an official canap and has found some investors already, which could mean that other banks ter the region may commence using the same strategy.

Today on Bitcoin This Week wij have a weekly recap of Bitcoin news. Wij discuss Upbit and the investigation into their alleged fraud, the stand Canap of America has taken against Bitcoin and more.

Upbit Under Investigation By Police

Chosum, a recinto news outlet has reported that Upbit, one of South Korea’s largest exchanges, and fourth by trading volume globally (making it one of the largest exchanges ter the world), is being investigated by police for alleged fraud.

Coinmarketcap is presently reporting an 8% leap for EOS which is trading at $11.07.

FOMO Moments

Current performing altcoins are EOS, Ethereum, Tron and Decred.

Ultimately there has bot some good news to lift crypto markets spil the week comes to an end. The SEC’s decision not to consider Ethereum spil a security has provided a long needed boost to cryptocurrencies. The markets are still way down but are trading slightly higher overheen the past 24 hours clawing back some of those losses.