Arrest Warrants Issued to Employees of South Korea Cryptocurrency Exchange
Published on:
May/15/2018
Arrest warrants have reportedly been issued to three employees of a small South Korean cryptocurrency exchange, including its representative director. The three are “suspected [of] fraud and embezzlement,” according to local media.
“Three of the company’s executives, who operate virtual currency trading site HTS Coin, were arrested for [suspicion of] fraud and embezzlement,” Money Today wrote.
The Financial Investigation Division 2 of the South Korean Prosecutor’s Office “demanded a warrant for three employees, including…[the] CEO of HTS Coin,” Token Post detailed.
Read More at Bitcoin.com News Here
MORE CRYPTOCURRENCY NEWS
Bitcoin in Brief Tuesday: NY Regulator Approves Bitcoin Cash, Zcash and Litecoin Trading - The slow but steady growth in the limited trading options available to American investors on regulated exchanges is the main focus of today's edition of Bitcoin in Brief. Additionally covered are a surprise resignation, another ransomware attack, and much more. Also Read: Steve Eisman of ‘The Big Short’ Fame: What Value Does Cryptocurrency Actually Add? NYDFS Approves Expanded Crypto Portfolio New York State Department of Financial...Read more
Steve Eisman of ‘The Big Short’ Fame: What Value Does Cryptocurrency Actually Add? - Steve Eisman, the American investor best known for having shorted collateralized debt obligations before the 2008 financial crisis, doesn’t see what is the real value of cryptocurrency. He reportedly holds that the popularity of the phenomena comes down to only two factors, speculation and money laundering. Read More
- Aaron Goldstein, Gambling911.com
