Express

Coinbit Exchange Closed Down By Police For Alleged Market Manipulation

Tracy CHEN

Summary: According to Seoul Shinmun, South Korea’s third-largest cryptocurrency exchange, Coinbit, was closed down and investigated by the South Korean police. Its chairman and operator were suspected of internal transactions and manipulation of market prices. It is reported that Coinbit ranks behind Bithumb and UPbit and is the third-largest exchange in South Korea. Tracy Chen

According to Seoul Shinmun, South Korea’s third-largest cryptocurrency exchange, Coinbit, was closed down and investigated by the South Korean police. Its chairman and operator were suspected of internal transactions and manipulation of market prices. It is reported that Coinbit ranks behind Bithumb and UPbit and is the third-largest exchange in South Korea.

Tracy Chen

Last Update:

Tags:
Link: Coinbit Exchange Closed Down By Police For Alleged Market Manipulation   [Copy]
Next:

Related Articles

  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 3 days ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 4 days ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 7 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 8 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 10 days ago

    • You need to login to comment.