AiCoin
AiCoin|Sep 30, 2025 06:25
[South Korean Prosecutors Raid Coinone Headquarters and Residences of Suspects Over ₩27 Billion in Irregular Loans] On September 30, the Virtual Asset Crime Joint Investigation Unit of the Seoul Southern District Prosecutors' Office conducted a raid on the headquarters of cryptocurrency exchange Coinone and the residences of related suspects. This operation stemmed from a report by the South Korean Financial Supervisory Service, accusing Coinone's former representative of allegedly lending ₩27 billion in exchange funds to its holding company without collateral, potentially constituting embezzlement. Prosecutors are further investigating the case to determine the flow of funds and legal responsibilities.
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