Employee Embezzlement Forces South Korea’s Coinbin Crypto Exchange to Call it Quits

Coinbin Shop Closed Red Blue

Coinbin, a leading South Korean digital assets exchange and cryptocurrency trading venue, has filed for bankruptcy with the Korean authorities, claiming that an employee has stolen a whopping 29.3 billion won (about $26 million) from its coffers, according to a local news source, Business Korea on February 22, 2019. Coinbin Exchange Sees Red At a

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Source: BTC Manager