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The CEO of cryptocurrency exchange Bitsonic has been sentenced to 7 years for inflating trading volumes and embezzling $8.4M, marking a significant legal action against crypto fraud. (Read More)
In a shocking turn of events, Jinwook Shin, the CEO of the prominent cryptocurrency exchange Bitsonic, has been apprehended by South Korean law enforcement. The arrest, made on August 7, comes as part of an ongoing investigation into allegations of embezzlement and fraudulent activities involving Bitsonic users’ investments and deposits. According to sources from South […]
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