Crypto-Follow logo Crypto-Follow logo
cryptonews 2022-05-25 11:23:00

Upbit Operator Faces Scrutiny Over Affiliate’s 2020 USD 103M LUNA Sale

South Korean crypto exchanges are now in the firing line as the terra (LUNA) crash fallout continues to sow the seeds of chaos in the domestic crypto industry. Dunamu, the operator of the Upbit exchange, has denied reports that it dumped large sums of LUNA to avoid forthcoming price drops as “groundless” – but questions are being asked about how and why a then-new Dunamu affiliate made a large investment in the coin, only to sell its entire stash in February 2021....Read More: Upbit Operator Faces Scrutiny Over Affiliate’s 2020 USD 103M LUNA Sale

#
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer