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It seems like organized crime got into crypto arbitrage in Korea[1]. Due to Korea's explosive interest in crypto and strong capital controls, demand would conti
by josu 9y ago
It seems like organized crime got into crypto arbitrage in Korea[1]. Due to Korea's explosive interest in crypto and strong capital controls, demand would continually exceed supply, so crypto was trading at around 30% premium for the second half of 2017. With so much easy money on the table, it seems normal for organized crime to move in.
[1] https://qz.com/1185524/how-one-korean-trader-used-linkedin-to-skirt-the-law-on-arbitraging-cryptocurrency-prices/ https://qz.com/1185524/how-one-korean-trader-used-linkedin-t...