January 23, 2019 BY Valentina Kirilova

South Korea jails crypto execs for wash trading and volume fraud

For the first time, a judge in South Korea has stepped forward and handed out sentences to two crypto executives for falsifying exchange volume reports and profiting from internal wash trades. The two executives hail from the Komid exchange in South Korea, although one individual is also the CEO of fledgling coin system by the…

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