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Bithumb Got Raided By South Korean Police, Cryptos Face Huge Dip

Bithumb got raided by the South Korean police and after they were done, top cryptocurrencies such as Bitcoin and Ethereum faced a huge dip as we are reading further in the blockchain news. After the fifth biggest exchange Bithumb got raided, major cryptocurrencies faced crashes including Bitcoin and Ethereum. Intelligence unit from the Seoul Metropolitan Police Agency raided the officers in an executive search and seizure orders based on fraud allegations. The police were looking to seize the proof of foul-lay regarding the launch of the BXA tokens. Back in 2018, the Blockchain Exchange Alliance entered into a new deal…

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