Police Indict BitSonic CEO on Fraud Charges Related to Cryptocurrency Exchange
[Asia Economy Reporter Lee Jung-yoon] The police have launched an investigation following a series of investment damages at the domestic cryptocurrency exchange Bitsonic.
According to the police on the 7th, the Songpa Police Station in Seoul booked Bitsonic CEO Mr. A on fraud charges at the end of February.
Mr. A is suspected of absconding after receiving investment funds. Victims are reportedly unable to sell the cryptocurrencies they purchased or withdraw their deposits.
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The victims are currently planning to file a class-action lawsuit.
This content was produced with the assistance of AI translation services.
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