South Korean exchange PureBit Pulls Exit Scam, Takes Away 13,000 Ethereum (ETH)
PureBit, a new and small-scale South Korean exchange, closed completely over the weekend, exit-scamming with 13,000 Ethereum (ETH). Users noticed the exit, and later, South Korean Cryptocurrency & Blockchain News confirmed the event through Twitter:
The exit scam follows the sudden closing of an unrelated exchange, MapleChange in Canada, further underlining the dangers of storing funds on exchanges. However, access to small-scale, exotic assets has caused some users to prefer exchange wallets, instead of using multiple coin wallets.
In fact, the PureBit exchange had hardly started wor…