Two South Koreans arrested for alleged price manipulation on Bithumb

Two South Korean men have been implicated in a case of price manipulation on the crypto exchange Bithumb. The two men allegedly gained nearly $5 million from manipulating the price of the Fusionist token, ACE. According to a Jan. 3 report on local news media Digital Asset, the Seoul Southern District Prosecutors’ Office’s Virtual Asset […]
One in three Koreans now own crypto, Bank of Korea says

A new report shows that more than 30% of the South Korean population holds crypto, with investors now holding over 100 trillion won in assets. South Korea‘s crypto market is rapidly booming as the number of investors reached 15.59 million by the end of November, Yonhap News Agency reports, citing data shared by Democratic Party […]