South Korean crypto scandal prompts Upbit and Bithumb raids
![In South Korea, 60 crypto exchanges could be out of business as early as Friday, with just one meeting government requirements so far.](https://protos-media.s3.eu-west-2.amazonaws.com/wp-content/uploads/2021/09/30110704/Protos-Artwork-KoreanExchangeUPBIT-1200x675.jpg)
Cryptocurrency exchanges Upbit and Bithumb were raided on Monday as part of an investigation into a politician who held $4.5M wemix coins.
Cryptocurrency exchanges Upbit and Bithumb were raided on Monday as part of an investigation into a politician who held $4.5M wemix coins.