It was reported today in South Korean media that CEO of South Korean-based cryptocurrency exchange CoinNest has been arrested for embezzlement and fraud. South Korea’s Seoul District Prosecutors’ Office has revealed that on Monday of this week it had arrested Kim Il-hwan, co-founder of CoinNest.
CEO of Korean crypto exchange CoinNest arrested for embezzlement and fraud
CryptoNinjas
CEO of Korean crypto exchange CoinNest arrested for embezzlement and fraud