South Korea's largest cryptocurrency exchanges raided by police, tax agencies

Author: Eamonn Sheridan | Category: News

Raided in relation to alleged tax evasion. (I'm shocked., shocked I tell ya!)

Reuters quote "people familiar with the investigation said on Thursday":
  • "A few officials from the National Tax Service raided our office this week," an official at Coinone, a major cryptocurrency exchange in South Korea, told Reuters.
  • "Local police also have been investigating our company since last year, they think what we do is gambling"
Bithumb, the second largest virtual currency operator in South Korea, was also raided
by the tax authorities on Wednesday.
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Nothing much is scaring the bitcoin price today:
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