Odaily Planet Daily News Seoul prosecutors arrested two suspects in their 30s and 20s today, which appears to be the first violation case after the enactment of South Korea's newly implemented "Virtual Asset User Protection Act". They are accused of manipulating the price of Fusionist (ACE), a cryptocurrency listed only on the local exchange Bithumb. They exaggerated the trading volume by forging purchase orders and illegally profited about 7 billion won (about 4.76 million US dollars). (Digitalasset)