U.S. crypto exchange Bittrex: claims of North Korean users trading on its platform are false

American cryptocurrency exchange Bittrex has said that claims of North Korean users trading on its platform are false in a tweet on April 22.

In the post, Bittrex stated that it had examined two accounts which allegedly belonged to users from North Korea, noting that it had investigated the same accounts back in October 2017. The exchange claims that South Korean residents mistakenly choose North Korea in the country dropdown menu.

Bittrex said that it determined where the users were from through country identification, and physical and IP addresses, concluding that “there are no users from North Korea trading on our platform.”

At press time, Bittrex is ranked 58th on CoinMarketCap’s list of digital currency exchanges in terms of adjusted trading volume. Bittrex’s  24-hour trading volume is around $47.8 million at press time, having gained almost 8 percent over the past 24 hours.

Also read: Blockchain-based art registry startup Artory has raised over $7 million in Series A funding round

Source: https://cointelegraph.com/news/crypto-exchange-bittrex-denies-claim-of-north-korean-users-on-its-platform