Upbit Antitrust Investigation Looms
This is a news story, published by CoinGape, that relates primarily to Lee Kang-il news.
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•Breaking: Crypto Market Braces for Crash As S. Korea FSC Investigates Upbit
67% Informative
Lawmaker Lee Kang-il highlighted that Upbit holds 20% of K-Bank ’s deposits, raising risks for a potential bank run.
As the investigation into Upbit looms, the broader crypto market has faced a downturn.
Bitcoin (BTC) and ETH ( ETH ) both tanked over 2.3% in the last 24 hours as the BTC price is down 2.5% slipping under $61,000 .
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