The Crypto Ryder Report: South Korea Ministry to prepare crypto exchange SHUTDOWN?

in #bitcoin7 years ago

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Big News out of South Korea. South Korea’s largest cryptocurrency exchanges were raided by police and tax agencies this week for alleged tax evasion, people familiar with the investigation said on Thursday.

Worth tightening your stoplosses as a precaution.. let’s see how the news unfolds. Zero Hedge is the source, not the most genuine.

Read the full article from Reuters:

https://www.reuters.com/article/us-southkorea-bitcoin/south-koreas-major-cryptocurreny-exchanges-raided-by-police-tax-authorities-idUSKBN1F002B

ZeroHedge reported there might be shutdowns due to this:

https://twitter.com/zerohedge/status/951252634085875713
https://www.zerohedge.com/news/2018-01-10/ripple-sinks-south-korea-prepares-exchange-shutdown-bill

While others, Including Reuters, have not confirmed that news.

ICX
Dropping out of the sky following the above news. If you’re brave buy the dips.

Follow me: @crypto-ryder

Twitter: https://twitter.com/Crypto_Ryder