Cryptopolitan
2020-08-26 18:57:27

Coinbit crypto exchange seized due to wash trading allegations

The Seoul Metropolitan Police Agency has seized Coinbit crypto exchange over allegations of wash trading. Reportedly, the South Korea-based exchange wash traded 99 percent of its transaction volume to inflate its volume. The exchange managed to earn more than 100 billion won ($84.37) through its fraudulent activities. Coinbit crypto exchange seized by authorities According to […]

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