South Korean Prosecutors Raided 3 Cryptocurrency Exchanges
South Korean prosecutors raided three cryptocurrency exchanges suspecting misappropriation of user funds.
According to the local news reports, South Korean prosecutors are considering three cryptocurrency exchanges in doubt of purchasing Bitcoin with money they stole from customer’s accounts.
Exchange staff and executives are suspects of diverting money from the account of users to their personal account. They also questioned for spending customers money for buying cryptocurrencies at other exchanges.