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Cryptocurrency Markets Drop $100 Billion on Korea Crackdown #FakeNews

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Mark Mason

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Cryptocurrency Markets Drop $100 Billion on Korea Crackdown #FakeNews

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Cryptocurrency markets took a hit on rumors that the South Korean government had raided cryptocurrency exchanges.

Several sources such as Reuters reported that tax officials had raided some of Korea’s top exchanges, including industry heavyweight BitHumb, in a crackdown that could see complications for one of the world’s largest cryptocurrency trading hotspots. However, sources closer to the Korean exchange world indicated that the news had been overblown, when in fact the visit from the tax authorities was much more routine and friendly:

Read more: https://www.dashforcenews.com/cryptocurrency-markets-drop-100-billion-korea-crackdown-fakenews/
 
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