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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…
The former chair was under allegations of $70 million in fraud charges which were said to have occurred during the acquisition of Bithumb.
The Vice President of Vidente, referred to as Mr. Park, was found dead in front of his house in southern Seoul. Vidente happens to be the largest shareholder of Bithumb…
The Digital Asset Exchange Joint Consultative Body (DAXA), the South Korean association of crypto exchanges, announced on Nov. 24 that the WEMIX token would be delisted. In justifying the decision…
DAXA claimed that the circulating number of WEMIX exceeds what has been disclosed by Wemix, much to the chagrin of the issuers.
South Korean prosecutors are pushing for an eight-year sentence for Lee Jung-hoon, the former chairman of crypto exchange platform Bithumb, for an alleged $70 million fraud. According to a report…
The sentencing hearing is set for Dec. 20 and could see the former chairman of South Korean crypto exchange Bithumb behind bars for a maximum of eight years if found…
The decision on the civil lawsuit might affect a trial court in South Korea.
Roughly six years ago in July 2016, an Ethereum hard fork was used to address the infamous DAO hack. This specific fork saw the chain split into two factions, and…
Off late, digital asset exchange FTX has been offering bailouts to struggling companies and expanding its operations via acquisitions. The latest firm that FTX is in talks for acquisition is…