Users of the 30 cryptos on UPbit that are yet see independent wallets integrated by the exchange, cannot invest or withdraw the tokens directly from UPbit and have to exchange the assets to other cryptocurrencies like Bitcoin and Ethereum before withdrawing.

Korean law enforcement officers conduct searches and seizures ter the office of the country’s largest exchange Upbit, reports Crypto of Korea.

A team from the Seoul City Prosecutor’s Office of the Southern District, engaged ter financial investigations, visited Upbit headquarters on May Ten and 11, withdrawing hard drives and accounts.

Late last year, he wasgoed nominated spil the fresh chief of Dunamu , Upbit’s technicus.

Prosecutors ter Seoul’s Gangnam district have raided the offices of Upbit, arguably the country’s largest cryptocurrency exchange toneelpodium.

Vanaf numerous reports from South Korea’s largest news agencies, prosecution officers stormed Upbit’s offices on May Ten and 11, seizing hard drives and accounting ledgers, with police suspecting Upbit has falsified official financial records.

Just weeks after the bankgebouw released a report establishing their inability to adapt their products and services to the competition cryptocurrency poses, this seems like an attempt by Canap of America not to give their support to the crypto market, spil it could represent a verdadero threat to their current financial system.

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 Handelsbank of America has taken against Bitcoin and more.

Upbit Under Investigation By Police

Chosum, a lugar 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.

Secondo quanto riporta il sito di settore Cointelegraph, sia da marzo inoltre fonti di stampa avevano annunciato una serie di indagini ad ampio raggio da parte della FSC sui conti bancari delle piattaforme di currencies digitali.

Fine settimana di forte passione vanaf le quotazioni delle criptovalute, scosse dalla bufera giudiziaria che hectare investito una delle principali piattaforme reeds mondo.

Related movie:


“UPbit &egrave, attualmente sotto investigazione da parte della procura, e stiamo lavorando scrupolosamente. I servizi di UPbit come tutte le transazioni e e le proces di ritiro delle riserve funzionano normalmente.

Bitcoin, altri guai: inchiesta sul più ilustre exchange coreano, Pagina Two, Trend Online

Fine settimana di forte passione vanaf le quotazioni delle criptovalute, scosse dalla bufera giudiziaria che hectare investito una delle principali piattaforme reeds mondo.

“UPbit &egrave, attualmente sotto investigazione da parte della procura, e stiamo lavorando scrupolosamente. I servizi di UPbit come tutte le transazioni e e le proces di ritiro delle riserve funzionano normalmente.

UPbit, the largest cryptocurrency exchange te South Korea, conducted an internal audit to prove to its clients and government prosecutors that its top brass wasgoed not stealing from clients.

by Coin AIO 1 month ago (UTC) 1068 views 367

Crypto exchange UPbit sent the space’s markets into a tailspin last week after South Korean officials raided it overheen fraud suspicions.

However, the exchange’s officials have quickly went to work to attempt and repair the harm.

UPbit, the largest cryptocurrency exchange ter South Korea, conducted an internal audit to prove to its clients and government prosecutors that its top brass wasgoed not stealing from clients.

Shifting the blame Instead of wielding up to any wrongdoings, UPbit officials seem to be putting the blame on Bittrex, claiming most of its transactions are made through it.

by Coin AIO 1 month ago (UTC) 1068 views 367

Crypto exchange UPbit sent the space’s markets into a tailspin last week after South Korean officials raided it overheen fraud suspicions.

However, the exchange’s officials have quickly went to work to attempt and repair the harm.

UPbit, the largest cryptocurrency exchange ter South Korea, conducted an internal audit to prove to its clients and government prosecutors that its top brass wasgoed not stealing from clients.