2019-2-26 14:12 |
South Korean cryptocurrency exchange Coinbin, previously known as Youbit, declared its plans to file for bankruptcy after losing $26 million due to employee’s embezzlement.
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Coinbin, a leading South Korean digital assets exchange and cryptocurrency trading venue, has filed for bankruptcy with the Korean authorities, claiming that an employee has stolen a whopping 29. 3 billion won (about $26 million) from its coffers, according to a local news source, Business Korea on February 22, 2019.
2019-2-26 22:00 | |
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The executive under suspicion claims he accidentally lost private keys held by the South Korean exchange.
2019-2-26 21:25 | |
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South Korean cryptocurrency exchange Coinbin has declared bankruptcy, in part due to claimed embezzlement by a former exec.
2019-2-25 12:16 | |
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Internal fraud is reportedly the reason behind a bankruptcy filing for South Korean exchange Coinbin
2019-2-25 10:45 | |
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The cryptocurrency exchange Coinbin, located in South Korea, is currently filing for bankruptcy after taking over the hacked crypto exchange Youbit. Coinbin claims to have over $26 millions in losses.
2019-2-25 10:20 | |
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Coinbin, the South Korean Cryptocurrency exchange which took over hacked exchange Youbit, is filing for bankruptcy with losses equating to over $26 million. Cryptocurrency and Cash Transactions Stopped According to reports by Business Korea, the bankruptcy announcement was made by Coinbin CEO Park Chan-kyu on February 20, 2018.
2019-2-25 22:01 | |
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Exchange hacks are becoming the new normal. Just two weeks after Conrail’s $37. 2 million hack, it was time for Bithumb’s $31 million hack, with the difference being that Bithumb is the world’s sixth largest cryptocurrency exchange based on CoinMarketCap data, far larger than Coinrail.
2018-6-24 23:00 | |
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This week, leading South Korean crypto exchange Bithumb experienced a major hack, while Mt Gox, the most notorious exchange to be hacked in bitcoin history, is also back in the news.
2018-6-24 20:05 | |
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