Regulator Identifies ‘Fake’ Crypto Exchange Bank Accounts

Source: Adobe/jon_chica
South Korea’s top financial regulator, the Financial Services Commission (FSC) said it has identified 14 “fake” bank accounts that are or have been used as fiat on/off ramps by domestic crypto exchanges.
The FSC examined a total of 94 accounts belonging to 79 crypto exchanges and said it discovered that in 14 separate instances, the crypto exchanges’ bank accounts

Source: https://cryptonews.com/news/regulator-identifies-fake-crypto-exchange-bank-accounts-11234.htm

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