Korean law enforcement officers conduct searches and seizures in the office of the country's largest stock exchange Upbit, writes the portal Crypto of Korea.
According to him, a team from the Seoul City Prosecutor's Office of the Southern District, engaged in financial investigations, visited Upbit headquarters on May 10 and 11, withdrawing hard drives and accounts.
Prosecutors say that the company transferred money from user accounts to separate accounts. It is assumed that these accounts belong to the management of Upbit.
The Prosecutor's Office of Seoul is conducting an investigation into the local stock exchanges since the beginning of this year. In April, four executives of Korean stock exchanges were detained, including Coinnest, suspected of embezzling client funds.
Although there is currently no information on the events taking place on the exchange from more reliable sources, it should be noted that, according to CoinMarketCap, bitcoin on Upbit is trading about $ 300 less than Bithumb and $ 200 - than on most Western sites, while traditionally on Korean stock exchanges this figure is higher than anywhere else in the world.
The user Reddit reports that he can not withdraw his funds from Upbit.
UPD: Information on the ongoing investigation of the Upbit investigation is confirmed by the popular Korean news portal Etoday.
UPD2: Also, this information is confirmed by the leading Korean media Chosun.
Topic: UPbit charged with fraud (Read 130 times)
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