After being charged with fraud and embezzlement, the CEO of Bitsonic exchange platform has been arrested by the South Korean police.
It is expected that he will undergo a fair and speedy trial to address the charges against him. Additionally, he is also accused of manipulating prices and trade volumes with the aim of personal gains through the theft of users' funds. Unfortunately, these actions have caused significant liquidity problems and harmed the individuals who were stolen from. It is crucial that his trial is organized quickly and fairly to ensure justice is served and the affected parties are compensated.