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South Korea arrests Bitsonic CEO for allegedly stealing $7.5M of users’ money
The CEO of the crypto exchange Bitsonic, who was under investigation for stealing investments and deposits, was arrested by South Korean police. The Vice President of Bitsonic would also be put on trial, but without preliminary detention. As reported by South Korean news outlet Chosun Biz, on August 7 local prosecutors arrested Jinwook Shin, who’s being accused of forgery. According to the…
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CoolWallet's Creator, CoolBitX Secures $16.75M From Series B Funding Round
CoolWallet’s Creator, CoolBitX Secures $16.75M From Series B Funding Round
CoolBitX, the creator of the cryptocurrency-storing CoolWallet, announced that it had secured $16.75 million from the Series B funding round.
To date, the company has raised $30.25 million: $500,000 from a seed funding round, $13 million from Series A, and the most recent round.
CoolBitX secured $16.75 million from the Series B funding round led by:
Japan-based SBI Crypto Investment…
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