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South Korean gov't officials bought & sold BTC right before false ban claim
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Date: January 18th, 2018 12:15 AM Author: duck-like ivory persian
News1 (Korean Media):
Several employees and officials within the Financial Supervisory Service of South Korea bought and sold bitcoin right before the false "cryptocurrency trading ban" by Justice Minister.
Market manipulation, negligence, and corruption. Investigation ongoing.
https://twitter.com/iamjosephyoung/status/953855316508078080
(http://www.autoadmit.com/thread.php?thread_id=3863399&forum_id=7#35181095) |
Date: January 18th, 2018 12:41 AM Author: red deer antler
Does this decrease the likelihood of them going through with a ban?
Are they hodling after announcements and waiting for the announcement of ALL CLEAR?
(http://www.autoadmit.com/thread.php?thread_id=3863399&forum_id=7#35181185) |
Date: January 18th, 2018 8:10 AM Author: Nighttime Primrose Rigpig
Looks to be a real story: https://news.bitcoin.com/south-korean-officials-caught-trading-on-insider-knowledge-of-crypto-regulations/
I think this will somewhat complicate things for the South Korean government, because it plays into the pro-coiners narrative, that the government is trying to keep wealth out of the hands of the young generation, and force it back into stocks that made older people rich.
I haven't been able to get a feel for how much popular support crypto actually has over there. It seems to be a small, but very vocal minority. Anyways, I doubt this would seriously impact impending legislation, but I know nothing of South Korean politics.
(http://www.autoadmit.com/thread.php?thread_id=3863399&forum_id=7#35181888)
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