Bithumb ex-chairman could face 8 years prison over alleged $70M fraud Post author:MiamiCrypto Post published:October 26, 2022 Post category:bithumb / BK group / BXA / crypto exchange / Fraud / Kim Byung Gun / Lee Jung-hoon / Token listing 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 guilty. You Might Also Like Magic Eden to refund users after 25 fake NFTs sold due to exploit January 5, 2023 Latest update — Former FTX CEO Sam Bankman-Fried trial [Day 2] October 4, 2023 Doubts mount over Huobi’s future as harsh layoff rumors denied January 6, 2023