South Korea’s largest exchange suspected of fraud – media
Seoul Prosecutors Investigate Local exchanges cryptocurrencies since March of this of the year. In April were detained four heads of Korean cryptocurrency exchanges, Tom including Coinnest, which suspected of embezzlement client funds.
Despite then, what in the present time information about events taking place on the exchange from more reliable sources missing, it should be noted that, according to CoinMarketCap data, bitcoin on Upbit traded about $ 300 lower than Bithumb, and $ 200 lower than Bithumb than on most Western exchanges, while traditionally on Korean exchanges this indicator is higher than where-or yet in the world.
UPD2: This information is also confirmed by leading Korean media Chosun..