Upbit cleared of wrong doing with audit

The results of the Upbit audit are in, and the findings are that no nefarious activity is taking place.

They have more than enough assets to cover a run on the exchange.

The entire news report can be found here:

https://www.ccn.com/koreas-biggest-crypto-exchange-upbit-comes-out-clean-in-audit-after-raid/

A quote from the audit company can be seen here:

 “UPbit currently has the exact amount of money held by the platform’s investors along with additional funds, more than enough to compensate every investor. Hence, UPbit is able to process withdrawals for customers upon the request of its customers and the exchange will continue to release audit reports on a regular basis to prove its solvency.” 

When news of possible manipulation leaked, prices tanked.

Now, with news that they have been cleared, prices don't even bounce.

Ugh.