Financial Investigation

On March 14, it was reported that the Financial Investigation Department of the Southern District Procuratorate of Seoul, South Korea, had arrested and prosecuted a broker surnamed Gao, who was accused of offering hundreds of millions of won of bribes when requesting Coinone to list tokens. The prosecution found that during the listing process of various virtual assets, including Pica tokens, a large amount of listing fees flowed into Coinone through him, and the prosecution is conducting further investigation. (Yonhap) South Korean prosecutors accused a broker surnamed Gao of bribery in the listing of Coinone Analysis based on this information:On March 14, the Financial Investigation Department of the Southern District Procuratorate of Seoul, South Korea, arrested and prosecuted a broker surnamed Gao for offering hundreds of millions of won in bribes when requesting Coinone to list tokens. This news brings to light the negative implications of corruption in the cryptocurrency market, and the potential risks that brokers and exchanges face…