S Korean Crypto Exchange Exec Jailed for Coin Price Manipulation
A South Korean court has jailed a former senior executive of the crypto trading platform Coinone for taking bribes in exchange for listing altcoins. The Seoul Southern District Court sentenced an individual surnamed Jeon...
The Seoul Southern District Court sentenced an individual surnamed Jeon (age 41) to four years in prison, Newsis reported.
Jeon was the former general director of coin listings at Coinone, one of South Korea’s so-called big four crypto exchange platforms....
Read More: S Korean Crypto Exchange Exec Jailed for Coin Price Manipulation
Original source
Read on CryptonewsRelated market context
Brazilian court denies release of ‘Bitcoin Pharaoh’ wife Mirelis Yoseline Diaz Zerpa
The court's decision underscores the ongoing global crackdown on crypto fraud, highlighting the challenges in regulating digital c...
Coinbase quantum report flags exchange cold wallets among millions of bitcoin exposed by address reuse
The report lays out possible solutions to the abandoned coins problem, such as setting a deadline for migration and then freezing...
Are 24/7 CME Bitcoin futures a volatility cure — or a new leverage trap?
Wall Street got to trade Bitcoin around the clock just in time to watch the market fall apart. CME Group launched 24/7 trading for...
Bitcoin price challenges $64,000 weekend wall – needing a breakout or risk a deeper correction
Bitcoin reclaimed $64,000 on June 12 and touched an intraday high of $64,301 in the same session that spot ETF flows finally flipp...
Blackrock’s IBIT Leads $86 Million Bitcoin ETF Inflow as Ethereum Funds Extend Outflow Streak
Spot bitcoin exchange-traded funds (ETFs) drew $85.85 million in net inflows on Friday, with every one of the 12 tracked funds avo...
Bitcoin faces one of its biggest mining difficulty drops as miner margins collapse
The Bitcoin network is poised to execute one of the largest downward adjustments to its mining difficulty in its 17-year history t...