Bithumb's Former Chairman Lee Jung-hoon Acquitted in $70 Million Fraud Case
Prosecutors claim that Lee intentionally concealed challenges related to BXA token listing, with the alleged aim of profiting and circumventing financial regulations.
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Court Denies Changpeng Zhao’s Fourth Attempt to Flee the US: Report
25/01/2024 15:05
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South Korea's Bithumb Exchange Lists Osmosis (OSMO) Coin, Announces Price Volatility at Listing
Bithumb, South Korea's exchange, adds Osmosis (OSMO) on Korean Won market, enabling exclusive trading and an airdrop event.
Huang BoFormer Bithumb Chairman's 8-Year Sentence Appeal Verdict to Shape Crypto Exchange Governance
Ex-Bithumb chairman Lee Jeong-hoon awaits an 8-year prison term decision on January 18, 2024, accused of deceiving BK Group's chairman in a Bithumb acquisition, involving a disputed BXA token listing and alleged embezzlement of 110 billion won ($70 million). The verdict may set a precedent in exchange governance disputes, impacting Bithumb's future and industry policies amid increased regulatory scrutiny.
JixuFormer Bithumb Chairman Faces 8-Year Sentence
Former Bithumb Chairman, Lee Jeong-hoon, faces an eight-year prison sentence over allegations of manipulating Bithumb's governance in a complex cryptocurrency scandal, with a verdict set for January 18, 2024, potentially impacting Bithumb's future and regulatory scrutiny in the industry.
JasperSeoul High Court Grapples with 110 Billion Won Fraud Allegations Against Former Chairman Lee Jeong-hoon
The Seoul High Court's 5th Criminal Division, under the guidance of Presiding Judge Seo Seung-ryeol, delved into an appeal hearing regarding fraud charges amounting to 110 billion won against former Chairman Lee Jeong-hoon. The prosecution urged a reconsideration of the initial ruling, pushing for an 8-year prison sentence identical to the first trial's decision.
JoyBithumb Owner Arrested Over Alleged $50 Million Embezzlement Charges
According to local media reports, the owner of South Korea's largest cryptocurrency exchange, Bithumb, was arrested in the country on Thursday.
BitcoinistBithumb Offices Raided as Legal Woes Pile up
The raid centers around suspected price manipulation of an unidentified coin.
cryptopotatoBithumb’s “Real” Owner Faces Arrest Warrant on Embezzlement Charges
The Kang siblings are charged with embezzlement, breach of trust, and market manipulation.
cryptopotatoSouth Korea Starts Investigating Crypto Exchange Bithumb (Report)
The NTS will supposedly investigate whether Bithumb and its alleged owner Kang Jong-hyeon have breached taxation policies.
cryptopotatoBithumb’s Owner Found not Guilty on Charges of Fraud
Lee Jung-hoon will not go to prison after Judge Kang Gyu-Tae proclaimed him not guilty of committing fraud.
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