B
Balint098
Guest
As reported by Coindesk, the Seoul Metropolitan Police has raided the headquarter of Bithumb, South Korea's biggest crypto exchange by trading volume. The exchange has reportedly defrauding its consumer through a $25 million token sale on the platform that caused millions of financial damages for many investors. Another reason for the raid is that a proposed purchase by a Singaporean company, BTHMB, that failed to realized. The CEO of the exchange is accused with fraud and illegally sending funds overseas.