The South Korean fair Trade Commission doesn't have the authority to shut cryptocurrency exchanges. KFTC chairman say's it is impossible to close it in reality. 13 major exchanges are under investigation for violating e-commerce law which includes Bithumb,korbit, and coinone etc,..
The chair person Kim sang joo say's that their no appropriate law to close the virtual currecy exchanges and there is no possibility in reality to close either.
For violation of law by exhanges, the KFTC will notify the exchanges to make appropriate changes. The government is in consideration either to close violated exchanges alone or whole cryptocurrency exchanges.
Thank you !!!
That's true it's impossible