Bitcoin Plunges after South Korean Cryptocurrency Exchange Suffers Cyberattack

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Furthermore, Coinrail said it is cooperating with investigators to protect its customers’ assets and recover the stolen token.

The South Korean crytorrency exchange is the latest to experience hacking. In January, cybercriminals stole $400 million worth of XEM digital currency from Coincheck, a Japanese crytocurrency exchange.

CFTC investigating  four cryptocurrency exchanges

On Friday, the Wall Street Journal reported that the U.S. Commodity and Futures Trading Commission (CFTC) is investigating four cryptocurrency exchanges.

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The regulator reportedly issued subpoena and demanded comprehensive trading data from Bitstamp, Coinbase, itBit and Kraken.

Sources told the newspaper that the CFTC subpoenaed the four cryptocurrency exchanges after the Chicago Mercantile Exchange (CME) failed to obtain access to their trading data. The exchanges called the CME’s initial request “intrusive.”

The CFTC supervises the CME. In December 2017, the regulator approved the listing of of bitcoin futures.