crypto exchangeSouth Korean encryption exchange Coinone suspected of taking bribes to list at...

South Korean encryption exchange Coinone suspected of taking bribes to list at least 46 tokens

According to news on May 22, from December 2019 to November last year, there were at least 46 types of tokens that the executives and staff of the South Korean encryption exchange Coinone were suspected of accepting bribes for listing. One quarter of all listed currencies.

The relevant person in charge of the South Korean prosecutors said: “In the process of additional investigations in the future, the number of tokens involved may further increase.” Kim, the former head of Coinone’s currency listing team, and Hwang, a currency listing broker, were suspected of accepting bribes of 1.94 billion won ( about 14.71 million U.S. dollars) and 1.04 billion won (about 7.89 million U.S. dollars).

Share This Post

Related Posts

What is Correction in Binance?

In the world of cryptocurrency trading, terms like "correction"...

Bitcoin Arbitrage and Yield Strategies Revolutionize Trading Landscape

Bitcoin trading is evolving with new arbitrage and yield-generating...

Whales Scoop Up 750 Million DOGE as Analysts Forecast Major Dogecoin Rally

Dogecoin has seen significant activity from large investors, or...

Gemini Considers IPO Amid Growing Crypto Sector Support Under Trump Administration

Gemini, the cryptocurrency exchange and custodian backed by the...

Brazil’s Central Bank Chief Highlights Surge in Stablecoin Usage Amid Regulatory Challenges

Brazil's central bank chief, Gabriel Galipolo, reported on Thursday...

Franklin Templeton Seeks Approval for Crypto Index ETF Amid Trump’s Pro-Crypto Stance

Franklin Templeton Investments has filed for regulatory approval to...