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South Korea’s cryptocurrency exchange platform Zeniex has succumbed to a government crackdown on unauthorized operators. The platform in an official announcement made on November 11 revealed plans to shut down all its operations on November 23. Zeniex, in partnership with a Chinese entity, opened in May 2018. The firm became the first platform to offer a cryptocurrency investment fund, the ZXG Crypto Fund, in South Korea. Unfortunately the crypto investment fund service ran into complications with regulators almost immediately. The offering attracted scrutiny from the FSC for allegedly failing to register…