Home / Bitcoin Crime / Crypto Exchange Coinone’s Margin Trading is Illegal Gambling: Korean Police

Crypto Exchange Coinone’s Margin Trading is Illegal Gambling: Korean Police

Following a 10-month investigation by its cybercrime unit, a South Korean police department confirmed it would recommend prosecuting cryptocurrency exchange giant Coinone on charges of illegal gambling. According to a Yonhap report, a southern provincial police department in South Korea has determined that Coinone’s margin trading service is akin to illegal gambling, according to existing

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