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Monero (XMR) to be delisted from another Exchange amid cybercrime

By bitcoindelight | bitcoindelight | 16 May 2020


From all cryptocurrencies, I like Monero the most. Why? I think Monero comes for me closest to a true cryptocurrency, mainly as it is untraceable - this has been confirmed by different agencies across the globe. Therefore what other cryptos like to claim is already delivered by Monero. Sure the downside is that the darknet switched probably completely from Bitcoin to Monero. Unfortunately, governments fight Monero simply because they don't have visibility and can't trace transactions.

 

There is currently a 'scandal' across the news in South Korea that is responsible that Monero was delisted already from Huobi and now Bithumb will follow as well. The scandal I am talking about is called 'Nth room case'. 

The "Nth Room" case[1] (Korean: n번방 사건; Hanja: n番房 事件) is a criminal case, involving blackmailcybersex trafficking, and the spread of sexually exploitative videos via the Telegram app, between 2018 and 2020 in South Korea.[2] [3] A man nicknamed God God (Korean: 갓갓) sold sexual exploitation videos on Telegram channels and groups.

(source: https://en.wikipedia.org/wiki/Nth_room_case)

This is the official news at Bithumb.com:

https://cafe.bithumb.com/view/board-contents/1640817

Most exchanges across South Korea started to delist privacy coins in 2019 like ZCASH (ZEC). And it seems now they have found something to do the same with Monero. The trading volume of Monero on Bithumb is one of the largest so I am curious to see if there is an impact on the price of Monero with 1st June 2020 when Bithumb stops trading Monero. 

 

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bitcoindelight
bitcoindelight

I started mining and trading in 2017, participated in airdrops, hardforks, and ICOs. I spent much time making myself familiar with technical analysis. I like to make people aware of things I am currently doing in the crypto space, projects I am currently spending time on.

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