February 20, 2026

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Korean Cryptocurrency Exchange Executives Detained in Embezzlement Probe

News – CCN
Korean Cryptocurrency Exchange Executives Detained in Embezzlement Probe

South Korean authorities have reportedly detained four executives from two cryptocurrency exchanges in relation to the alleged embezzlement of customer funds in the ‘billions of won’. According to the Wall Street Journal, prosecutors said the four executives were detained and questioned by authorities on Thursday at a time when government authorities are increasingly considering regulations … Continued

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