South Korea's FTC Moves To Sanction Bithumb Over 'Lowest Fee' Ads

South Korea's FTC Moves To Sanction Bithumb Over 'Lowest Fee' Ads

BitcoinWorld South Korea’s FTC Moves to Sanction Bithumb Over ‘Lowest Fee’ Ads South Korea’s Fair Trade Commission (FTC) is advancing sanction procedures against Bithumb, one of the country’s largest cryptocurrency exchanges, over suspected violations of the labeling and advertising law. The regulatory body concluded that Bithumb’s promotional claims of offering the ‘lowest fees in Korea’ may have misled consumers, as the advertised rate was no…