Four major South Korean cryptocurrency exchanges have reportedly joined their forces in order to combat money laundering, sources told local news agency The Korea Herald on Monday, Jan. 28.
Quoting a report from South Korean news outlet Yonhap, the articles notes that Bithumb, Upbit, Korbit and Coinone have reportedly established a hotline where users can share information on any unusual trading or payments that could possibly be related to crimes, such as pyramid schemes.