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Citing Executive Embezzlement, Korean Crypto Exchange Declares Bankruptcy

The company had reportedly lost $26 million as a result of theft and the subsequent bankruptcy declaration. Coinbin’s CEO Park Chan-kyu claims that the move was “due to a rise in debt following an employee’s embezzlement.”

Crypto Cybercrime Has Tripled Since 2017; Nearly $1 Billion Lost in 2018

Roughly $1 billion in digital asset funds have been stolen since the start of 2018.

$3.5 Million in Bitcoin Missing From India’s Coinsecure Exchange

It may be the biggest cryptocurrency exchange heist in India to date, and the Coinsecure suspects an employee has run off with the money.

A Legal Analysis of the DAO Exploit and Possible Investor Rights

Important Disclaimer: NOTHING HEREIN IS INTENDED TO BE UNDERSTOOD AS LEGAL ADVICE. CONSULT A LAWYER QUALIFIED TO PROVIDE LEGAL ADVICE IN YOUR JURISDICTION.News broke early...
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