1. EachPod

Pure Bit, a South Korean exchange, pulls a $2.8 million exit scam

Author
TechCrunch
Published
Mon 12 Nov 2018
Episode Link
https://omny.fm/shows/techcrunch-startup-news/pure-bit-a-south-korean-exchange-pulls-a-2-8-milli

Another day, another exit scam. This time it comes to us from South Korea where an exchange, Pure Bit, has completely shut down after raising $2.8 million in Ethereum from investors. The exchange, which promised to deliver something call Pure Coin, was live yesterday and today is completely shut down after posting “Sorry” and “Thanks” to their communications channels.
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