70% of Korean Crypto Exchanges Fail to Repay Customers After Closure, Regulator Says

A joint research effort by Korean regulators โ€” the Financial Supervisory Service (FSS) and Korea Financial Intelligence Unit (FIU) โ€” has revealed that seven out of 10 cryptocurrency exchanges in South Korea failed to fully return investors’ money after ceasing operations. โ€œAnd even if they did, just one or two employees were tasked with giving […]

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