UPBIT UPDATE. STILL TRADING -NOT FRAUD.

Hello everyone

I did a post the other day about UPbit and how the offices were raided and were under a fraud investigation. What seems to have happened is a total misunderstanding. The South Korean government should take a big FUD smack for this. Negative news is bad for the Crypto world.
What seems to be the problem revolves around the liquidity. UPbit is sharing a lot of liquidity on coins with other exchanges. This is common practice with exchanges as pooling resources helps maximize the liquidity of all exchanges involved. I think most governments need to learn how the crypto world works before they go jumping in.
UPbit is continuing to do business as usual which wouldn't be the case if there was something amiss.