South Korean prosecutors searched the headquarters of Upbit and Bithumb (report)
South Korean prosecutors searched the headquarters of Upbit and Bithumb (report)
reported that South Korean prosecutors have searched the offices of the two leading cryptocurrency exchanges of the state-Upbit and Bithumb-as part of an ongoing investigation against Kim Nam-Kuk.
The politician was the focus of the public, after several reports, he had acquired 800,000 Wemix tokens on the basis of the necessary regulations. He transferred the coins from Bithumb to Upbit last year, and the authorities suspected that the platforms could have been somehow involved.
The inspection continues to spread out
According to a local media company, according to a local media company, the Korean authorities wanted The headquarters of upbit and bithumb in Seoul to clarify.
The Democratic Party (DP) recently Preserver-Spaces = "True"> pushed He asked him to sell his 800,000 Wemix coins a few years ago Could have used insider information to accumulate them.
The politician allegedly withdrawn the assets in early 2022: Several months before the creation of a law, the crypto company obliges to provide personal data for transfers over $ 758. He was also part of the team, which proposed a delay in income taxation of digital assets in South Korea.
Nam-Kuk said he would meet the DP's claim and sell the shares that are currently worth around $ 660,000.
"I received the recommendation from the party to sell my crypto-assets. I will make the recommendation conscientiously.
Wu-Blockchain argued that Nam-Kuk sent 800,000 Wemix coins from BITHUMB to UPBIT, which could have triggered the examination against the exchanges. Upbit considered this to be an "inadmissible transaction" and reported to the government at the time. Korean prosecutors attack Bithumb's offices in January, after rumors, the company did not get the price for it. Open price manipulated Coin on his platform. "This is a search and confiscation to secure the transaction details of a specific person.
The inspection was requested shortly after the public prosecutor's office Preserver-Spaces = "True">. Market manipulation. His sister also had problems with domestic law, after the public prosecutor's office of the southern district of Seoul claimed that it artificially raised the share price by issuing convertible bonds. Although Bithumb is one of the largest cryptocurrency exchanges in South Korea, there have been certain controversies for years. Park Mo-The largest shareholder of Bithumb Holdings Co. (the company behind the platform), was found died in front of his house in southern Seoul. While the first examination did not result in any signs of violence and assumed that the death could be suicide, the crypto community expressed doubts. On the one hand, Mo Jong-Hyun and his sister was allegedly close and supposedly discussed the possible purchase of his organization by the now bankrupt FTX. . The second examination for Bithumb this year