Former Bithumb Chairman faces eight-year imprisonment
According to prosecutors, Lee intended to revamp Bithumb’s governance to gain from exchange coins, circumventing financial regulations.
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Bithumb’s Former Chairman Could Face 8 Years in Prison: Report
In a high-profile case in South Korea’s cryptocurrency market, prosecutors have requested an eight-year prison term for Lee Jung-hoon, former chairman of Bithumb, the country’s second-largest crypto exchange. The appeal…
Here’s When Bithum Plans to Take a Leap Toward IPO: Report
Bithumb is gearing up for its initial public offering (IPO). This comes weeks after the South Korean crypto exchange picked Samsung Securities as its underwriter, which is tasked with creating…
Bithumb plans to be first crypto exchange listed on Korea stock market: Report
South Korean crypto exchange Bithumb hasn’t confirmed the planned IPO but told local media it recently selected an underwriter.
UPbit Receives Preliminary Greenlight From Singaporean Authorities
In spite of previous high-profile disappointments tied to the crypto industry, such as 3AC and the ill-fated investment into FTX, the Singaporean government has been approving quite a few crypto…
South Korean city to seize crypto from thousands of tax evaders: Report
City authorities of Cheongju are looking to seize cryptocurrency from anyone who owes at least $750 in crypto taxes to the government.
Total crypto market cap rises above $1T, and data suggests more upside is in store
Bad news continues to dominate crypto media headlines but Bitcoin and the wider market appear to not care.
South Korean prosecutors request arrest warrant for Bithumb owner: Report
One of the country’s largest crypto exchanges has fallen under investigators’ scrutiny over allegations of embezzlement by company executives.
Bithumb ordered to pay outage damages to investors by South Korean court
A ruling from local courts has Bithumb liable to pay just over $200,000 in damages to the 132 investors which filed against the cryptocurrency exchange.
Executive Linked to Crypto Exchange Bithumb Found Dead Outside His Home: Report
An executive of the largest shareholder of cryptocurrency exchange Bithumb was found dead outside his home. He allegedly committed suicide by jumping off a building while under investigation by Korean…