Manta Network

MN Coin

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<ul class="news-points"> 
 <li>Manta Network, a blockchain project, faces controversy due to money laundering allegations tied to its listing on Bithumb.</li> 
 <li>Allegations emerged from a tweet by DeFi enthusiast Definalist, highlighting suspicious transactions involving Manta</li> 
 <li>MANTA’s price skyrocketed to $230 within five minutes of listing on Bithumb.</li> 
</ul> 
Manta Network, a blockchain project, finds itself embroiled in controversy as allegations of money laundering surround its recent listing on the South Korean exchange Bithumb. The allegations have raised concerns about the project’s credibility and compliance with South Korea’s stringent anti-money laundering regulations. 
The allegations stem from a tweet by DeFi enthusiast <a href="https://twitter.com/definalist/status/1748046680371691857" target="_blank" rel="noreferrer noopener nofollow">Definalist</a>, who highlighted a series of suspicious transactions related to Manta Network’s listing on Bithumb. Two million MANTA tokens, Manta Network’s native cryptocurrency, were transferred to the personal wallet of Manta’s Korean Business Development (BD) representative. 
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 . <a href="https://twitter.com/MantaNetwork?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@MantaNetwork</a> was suspected of money laundering through Bithumb on the day of listing – 2M <a href="https://twitter.com/search?q=%24MANTA&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$MANTA</a> transferred to personal wallet of MANTA’s Korean BD – 2M <a href="https://twitter.com/search?q=%24MANTA&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$MANTA</a> was deposited into Bithumb deposit wall…
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 </div>
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The post <a href="https://coinedition.com/manta-network-listing-on-bithumb-raises-money-laundering-concerns/">Manta Network Faces Money Laundering Allegations Following Bithumb Listing</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Manta Network Faces Money Laundering Allegations Following Bithumb Listing

Coin Edition

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