Police investigate cryptocurrency exchange, freeze its cash deposits

in hive-116221 •  4 years ago 

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Police on Tuesday raided dozens of places related to a virtual currency exchange and froze the exchange's cash deposits as part of an investigation into its alleged irregularities.

The Gyeonggi Nambu Police Agency said it conducted the raids into 22 places, including the exchange's headquarters in southern Seoul, and froze 240 billion won ($214 million) left in the exchange's account.


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