South Korean Authorities Crack Down on Bitcoin Scams

By September 8, 2015Bitcoin Business

South Korean Authorities Crack Down on Bitcoin Scams. With the myriad of altcoins being introduced these days, some investors have had trouble telling which ones are legitimate and which ones are bitcoin scams. In South Korea, law enforcement officials have begun investigations on alleged pump-and-dump schemes wherein demand and volumes are artificially boosted before the altcoin is out of existence.

In addition, the Bank of Korea extended its support to local authorities that are investing […]

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