Virtual currency exchange Eyabit operator privately swallows 40 million US dollars of user funds

According to South Korean media Seoulfn, the Eyabit operator of the Korean virtual currency exchange was detained and prosecuted by the Central Prosecutor's Office in Seoul, South Korea for stealing $40 million in user funds. According to the investigation by the Korean Procuratorate, the price quotes on the exchange's website are called by other exchanges, and the transactions conducted by the users have not actually taken place.