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South Korea Raids 3 Crypto Exchanges in Embezzlement Probe

South Korea Raids 3 Crypto Exchanges in Embezzlement Probe South Korean prosecutors raided three cryptocurrency exchanges this week over suspicions that staff embezzled funds from customers’ accounts, according to local news reports. Exchange staff, including executives, are suspected of siphoning off money from customer accounts and using it to purchase cryptocurrencies at other exchanges, Chosun.com reported. The…

The post South Korea Raids 3 Crypto Exchanges in Embezzlement Probe appeared first on Altcoin Today.

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