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A team of prosecutors snapped two South Korean local cryptocurrency exchanges.
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Kim resigned on May 14, 2023, from his political party soon after the raid.
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Kim in his defense said that he has not cashed out his digital assets and instead transferred them to another exchange.
The officials said that on Monday prosecutors snapped two South Korean local cryptocurrency exchanges. A team of Prosecutors from the Seoul Southern District Prosecutors captured the crypto exchanges Upbit and Bithumb.
South Korean Authorities Raid Upbit
Under the investigation of suspicion of snowballing activities around the digital assets of the independent …
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