New subtleties are emerging from the daily strike by the Seoul Metropolitan Police on Bithumb, South Korea, which encourages trade in cryptocurrencies due to doubts about extortion and misappropriation.
A Seoul employee of a South Korean cryptocurrency company who asked not to name his name said Cryptonews.com.
It really doesn’t look good for business at such a key time for all of us. It will also upset business. “We must move away from the dark universe of dubious ICO [original coin sentences] and sea shell. organizations and at other times when society as a whole should pay attention to our segment”.
The cryptocurrency’s trade representative spoke after a news source, Seoul Shinmun, reported that information about the BXA token could be the basis of a police check.
As a major aspect of the failed deal to sell 51% of Bithumb’s stake to a consortium in Singapore, Bithumb’s owners agreed to place the BXA coin in 2018 – but appear to have withdrawn their warranties despite accepting significant monetary sponsorship. from private speculators.
Since then, the value of the symbol has fallen, and angry speculators plan to sue the two heads that they guarantee are responsible for the BXA disaster – Lee Jung Hoon and Kim Byung Orud.
Seoul Shinmun had guaranteed that a secret front organization based in the British Virgin Islands might be involved and questions had also been asked about the ownership of trade.
Both Lee and Kim decided to separate from the BXA token disaster, and agents on each side blamed each other for the BXA token choice.
Cash Today News showed that during a police search yesterday from 11:00 to 17:30 in Seoul between 11:00 and 17:30, records were seized and Bithumb’s main workplaces in the Kannamgu area were killed.
In addition, the Money Today newspaper quoted a representative of Bithumb who stated that it would be simple, provide a full explanation and “effectively coordinate with [police] verification”.
A similar source of news also guaranteed that the police investigation of Bithumb started “actively by the end of July”, and included that the specialists “expect that this case will have an incredible impact” on the wider industry.