South Korean cryptocurrency executives detained!

[xtinepink]

When you are trading, it is not just keeping or holding a good coin in your exchange wallets but you also have to be in a trusted and honest exchange.Right?

Four executives from two South Korean cryptocurrency exchanges were detained on recently. One of them is Kim Ik-hwan, CEO of Coinnest, South Korea’s fifth largest cryptocurrency exchange. The remaining suspects were still not identified.

They are being questioned in connection with the alleged embezzlement of billions of won, prosecutors said.

Although the exchange is still operating as normal as it is. 

 

Any thoughts about this?

source : https://www.reuters.com/article/crypto-currencies-southkorea-arrests/update-1-s-korean-cryptocurrency-executives-detained-over-alleged-embezzlement-idUSL4N1RI1UN

[nhoyasim101]

embezzlement is a serious crime, spending the funds of your investors/clients is very unfair practice, better that this guys now is in jail good to hear that this exchange still operating in a normal situation like nothing is going wrong

[vaderx]

This is so alarming. Does the site still honoring withdrawal as it should? I'm afraid the customer's money is at risk here. 

Btw, I just can't see why people are so greedy that they thinking to run away with someone else money despite already having a money-making machine, i.e. an exchange.