http://english.chosun.com/site/data/html_dir/2018/03/15/2018031500890.htmlexchange employees are suspected of helping themselves to customer funds and buying crypto elsewhere.
remind me again how the south korean government allowed an entire industry to spring up without one single piece of oversight, regulation or taxation?
seeing how this has developed in south korea i really wonder how shoddily the rest of the country is run.
It seems to be a little more than employees making punts with customer funds - it seems to be executives and everyone in positions of responsibility at these exchanges swindling customer money. If it was a few errant employees, you could claim that the employee had defrauded the exchange -in this case the exchanges seem to have swindled its customers. It would be good if a few shoddily run exchanges do close down and people realize the importance of choosing a good exchange.
