South Korean authorities raid Upbit, Bithumb crypto exchanges after political scandal
[ad_1] Prosecutors in South Korea raided the offices of two local cryptocurrency exchanges due to investigations surrounding the digital assets of lawmaker Kim Nam-kuk.According to a report from the South Korean news agency Yonhap, a team of prosecutors from the Seoul Southern District Prosecutors Office raided cryptocurrency exchanges Upbit and Bithumb for transaction records and other materials. Kim is said to operate his digital asset wallets on Upbit and Bithumb.