Markets and instruments profiled on this pagina are for informational purposes only and should not ter any way come across spil a recommendation to buy or sell ter thesis securities.

The department of cybercrime investigation unit of South Korea&rsquo,s provincial police department has reported that it will be charging Coinone exchange due the margin trading it offers its clients. The department says, te retrospect, Coinone is suggesting illegal gambling and that it could be aiding criminal laundering activities.

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The unit has bot conducting an investigation for about Ten months and the report shows that approximately Nineteen,000 people took part ter the margin trading. Moreover, 20 of them became conspicuous due to the high volumes of transactions they recorded. Combined they all transacted a total of $Two.8 million ter about Trio,000 to 13,000 margin trading orders on Coinone exchange. The CEO, Myunghun Cha will also be charged along two other executives and the 20 traders who had the highest volumes. Coinone, ter response to CoinDesk&rsquo,s inquiries, said:

&quot,At this time wij are focused on cooperating with the ongoing investigation, and will proceed to do so spil the case is te the process of moving overheen to the Prosecution Service from the Police Agency.&quot,

Bitcoin price led a epistel bullish spike during the session on Wednesday, the 61.8% Fib retracement level with the last high gam of $8,559 and a low of $7,090 prevented further gains towards $7,000. However, BTC/USD spiked again on Thursday Asian trading hours, while using $7,500 spil a support. It attacked the retracement level above, this time violating the key resistance at $7,000 and is now trading marginally above $7,700. The contracting triangle will suggest resistance towards $7,800, but the psychological $8,000 is still out of reach for now. On the flipside the 61.8% Fibo will now suggest support, besides a stronger support is provided by the 100 SMA at $7,400.

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BEST BROKERS TO TRADE CRYPTO

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Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you spil well spil for you. Before determining to trade foreign exchange you should cautiously consider your investment objectives, level of practice and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

2 comments

  1. The fat wallet will be then circulating on the market after the nasty divorce. I would rather invest that amount or spend all those to love my life. Your ex should treat their own life unless if wij do have children then all the amount should be nmed after them will atleast you are attempting to be a good parent

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