According to Chosun, South Korean police raided three exchanges, confiscating hard drives, mobile phones and documents. The prosecutor's office suspects the management of these exchanges of using the funds of their clients to buy cryptocurrencies on other exchanges.

Violations were suspected during the January audit of operations. Then the check was carried out by the Financial Services Commission and the Financial Investigation Department of South Korea. The names of the exchanges were not disclosed.

Read news about cryptocurrencies and blockchain: https://t.me/ibcgx