WEMIX

<div class="textg" style="text-align: justify; font-weight: lighter; line-height: 1.3em; font-size: 15px; border-radius: 3px; color: #80909a; padding: 10px; background-color: #F4F6F9; margin-bottom: 15px;">Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our&nbsp;<a href="https://tokenist.com/terms-of-service/" style="text-decoration:underline;color:#3c7b7b" target="_blank" rel="noreferrer noopener" class="deco-link">website policy</a>&nbsp;prior to making financial decisions.</div>



<p class="has-drop-cap">South Korean law enforcement officials <a aria-label="reportedly arrested (opens in a new tab)" href="https://news.mt.co.kr/mtview.php?no=2023032209150666363" target="_blank" rel="noreferrer noopener nofollow" class="deco-link">reportedly arrested</a> a former employee of the local crypto exchange Coinone for allegedly accepting $1.47 million in bribes to list particular cryptocurrencies on the platform in 2020. The prosecutors are also investigating other local crypto exchanges, including Bithumb and its CEO, Lee Sang-jun.</p>



<h3 id="s-korean-prosecutors-also-investigating-bithumb-ceo">S. Korean Prosecutors Also Investigating Bithumb CEO</h3>



<p>According to the Seoul Southern District Prosecutors&#8217; Office, a former employee of S. Korean crypto exchange Coinone was arrested on Tuesday on allegations of accepting a bribe to list specific crypto tokens on the platform in 2020. The employee reportedly received 1.9 billion Korean won ($1.47 million) for listing the cryptocurrencies on Coinone.</p>



<p>Meanwhile, the prosecutors in Seoul are also investigating Lee Sang-jun, CEO of Bithumb, the second-biggest crypto bourse in the country. Lee is facing similar allegations, though the prosecutor’s office has yet to request an arrest warrant.</p>


<div class="cta-referral">

			<img src="https://tokenist.com/wp-content/themes/thetokenist/assets/img/del/cta-referral-1.png" alt="" class="cta-referral__img" loading="lazy" decoding="async">
	
	<div class="cta-referral__text">
		<p>Join our <a href="https://t.me/thetokenist" target="_blank" rel="noreferrer noopener nofollow">Telegram group</a> and never miss a breaking digital asset story.</p>

	</div>

</div>


<h3 id="another-potential-scandal-in-s-korea-s-crypto-industry">Another Potential Scandal in S. Korea’s Crypto Industry</h3>



<p>The report about a potential bribery scandal marks another stain on the reputation of the S. Korean crypto industry, which has been criticized for alleged irregularities in the past few years. The case, which raised concerns about the integrity of crypto listings on the country’s local exchanges, could have significant implications for its digital asset industry.</p>



<p>Authorities in South Korea have been ramping up efforts to regulate the fast-growing crypto sector, which has been struggling with a myriad of hacks, frauds, <a href="https://tokenist.com/south-korea-confiscated-over-184m-of-crypto-in-2021-and-2022-report/" rel="dofollow" class="deco-link">tax evasion issues</a>, and, most importantly &#8211; the contagious <a href="https://tokenist.com/luna-drops-50-in-a-day-as-ust-peg-fails/" rel="dofollow" class="deco-link">collapse of Terraform Labs</a>.</p>



<p>Earlier this year, South Korea’s Financial Supervisory Service <a href="https://tokenist.com/s-korea-proposes-unified-crypto-disclosure-system-after-wemix-fiasco/" rel="dofollow" class="deco-link">submitted a proposal</a> for a unified system for mandatory information disclosure from crypto exchanges and digital token issuers. The proposal aims to protect investors from fraud and scandals such as the one related to the WEMIX token last year.</p>



<p>But S. Korea’s efforts to regulate the digital asset industry started several years ago. In 2017, the country’s financial watchdog imposed a <a aria-label="ban on initial coin offerings (opens in a new tab)" href="https://www.reuters.com/article/us-southkorea-bitcoin-idUSKCN1C408N" target="_blank" rel="noreferrer noopener nofollow" class="deco-link">ban on initial coin offerings</a> (ICOs) and implemented strict regulations on crypto trading to prevent potential money laundering and other illicit activities.</p>


<div class="cta-sub js__cta-sub">

	<div class="cta-sub__start" data-step="1">

					<div class="cta-sub__title"><strong>Finance is changing.</strong></div>
							<div class="cta-sub__subtitle">Learn how, with Five Minute Finance.</div>
							<div class="cta-sub__excerpt">A weekly newsletter that covers the big trends in FinTech and Decentralized Finance.</div>
							<button type="button" class="btn">Try it out (for free)</button>
			</div>

	<div class="cta-sub__form" data-step="2" style="display: none;">
									<script type="text/javascript"
						src="https://app.getresponse.com/view_webform_v2.js?u=QcLhh&#038;webforms_id=zw3Wv"></script>
						</div>

	<div class="cta-sub__result" data-step="3" style="display: none;">
		<div class="cta-sub__title">Awesome</div>
		<div class="cta-sub__caption">You&#8217;ve subscribed.</div>
		<div class="cta-sub__greeting">You&#8217;re well on your way to being in the know.</div>
	</div>

</div>



<p><em><strong>Should S. Korea regulate cryptocurrencies even more to prevent further fraud? Let us know in the comments below.</strong></em></p>
<p>The post <a rel="nofollow" href="https://tokenist.com/employee-in-charge-of-coineones-crypto-listings-arrested-for-taking-1-47m-in-bribes/">Employee in Charge of Coineone&#8217;s Crypto Listings Arrested for Taking $1.47M in Bribes</a> appeared first on <a rel="nofollow" href="https://tokenist.com">Tokenist</a>.</p>

Employee in Charge of Coineone’s Crypto Listings Arrested for Taking $1.47M in Bribes

목차

Tokenist

2023년 3월 23일에 게재된 다른 기사

Bitcoin ($BTC) Price Could Rise to $50,000 Amidst Financial Crisis, Says Former Goldman Sachs Exec

[Feature] Arbitrum Takes The Stage: Basics, Airdrop, & Beyond

New York court rejects lawsuit over $1.47 million NFT’s ownership

Coinbase Shares Fall 11% in Premarket as SEC Action Looms

BYDFi Listing ID/USDT Trading Pair Announcement (2023/3/23)

'How did this happen' — Powell Says Fed Stumped Over the Collapse of SVB

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!