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South Korean police officials detained Jeon on March 22, 2023, over bribery charges.
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South Korean prosecutors will examine local cryptocurrency exchanges: Reports.
Cryptocurrency Exchange Coinone’s executive Jeon is accused of receiving approximately 2 billion in Korean currency. It is claimed that a bribe was taken to list cryptocurrencies on the exchange that were prone to market manipulation.
According to the attorney, many tokens involved in the scandal had direct or indirect connections with organizations hired to manipulate the price. As per data, the digital currency involved in the scheme were Puriever and Pica Coin.
Earlier on March 22 …
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