South Korean virtual asset exchange Flata has suspended cryptocurrency deposit and withdrawal services

Aiying reported that South Korean virtual asset exchange Flata stopped using the Travel Rule solution at the end of last month. The exchange and customer service have been interrupted, and users are unable to deposit and withdraw more than 100 million won. Due to operational difficulties, its office in Seoul has been labeled "rented". Despite warnings from financial authorities, its cryptocurrency deposit and withdrawal services have been repeatedly suspended.

 

 

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