South Korean Gov’t Officials Accused of Crypto Insider Trading

in #cryptocurrency • 6 years ago

South Korean Gov’t Officials Accused of Crypto Insider Trading

Market
• Poloniex has not been crediting user account balances when orders are cancelled. Users also complained of their account balances reflecting inaccurate or even negative amounts. https://goo.gl/5r5JBM

• The CBOE’s first Bitcoin futures contract closed Wednesday, Jan. 17, at $10,900. Reuters reported on the futures contract closing as a “win for bitcoin bears over the bulls.” https://goo.gl/4JHmdf

• NYSE parent firm ICE and Blockstream will create “CoinMarketCap for Wall Street”. They plan to pull data from 15 major exchanges and deliver it to big financial names, including hedge funds and professional trading firms, in a format designed to let them easily take work with up-to-date metrics. https://goo.gl/pMd9bM

South Korea
Some government officials from the Financial Supervisory Service (FSS), who were aware of forthcoming announcements about significant restrictions on trading, bought and sold cryptocurrency just before that information went public. “There is no code of ethics and no code of conduct for virtual currency investment in FSS regulations, so it’s difficult to say about punishment at this stage.”
https://goo.gl/ChQ5HU

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6 years ago in #cryptocurrency by
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