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Manta Network: The BD address funds are allocated for operational expenses to expand into the Korean market, not for money laundering activities

Manta Network: The BD address funds are allocated for operational expenses to expand into the Korean market, not for money laundering activities

2024/01/19 03:36

Regarding the "Manta Network Korea BD suspected of money laundering through Bithumb" disclosed by Definalist earlier today, Manta Network stated that this accusation is false. The funds in question were used for expanding the Korean market, and the so-called BD address involved funds are operating expenses of the Korean branch.

Previously reported, Manta Network Korea BD was suspected of money laundering through Bithumb.

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