cryptonews
2021-07-29 00:00:00

Regulator Identifies ‘Fake’ Crypto Exchange Bank Accounts

Source: Adobe/jon_chicaSouth Korea’s top financial regulator, the Financial Services Commission (FSC) said it has identified 14 “fake” bank accounts that are or have been used as fiat on/off ramps by domestic crypto exchanges.The FSC examined a total of 94 accounts belonging to 79 crypto exchanges and said it discovered that in 14 separate instances, the crypto exchanges’ bank accounts

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer