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.
JasperAccording to local media reports, the owner of South Korea's largest cryptocurrency exchange, Bithumb, was arrested in the country on Thursday.
BitcoinistThe raid centers around suspected price manipulation of an unidentified coin.
cryptopotatoThe Kang siblings are charged with embezzlement, breach of trust, and market manipulation.
cryptopotatoThe NTS will supposedly investigate whether Bithumb and its alleged owner Kang Jong-hyeon have breached taxation policies.
cryptopotatoLee Jung-hoon will not go to prison after Judge Kang Gyu-Tae proclaimed him not guilty of committing fraud.
cryptopotatoFirst article in a series of articles about crypto taxes: Understanding crypto tax implications is critical whether an experienced crypto trader or gift receiver.
M6 LabsThis article will analyze the taxability of merged ETH and what it means for you.
CointelegraphSouth Korean authorities have yet again postponed imposing crypto tax until 2025, mentioned in the official announcement. This new proposal ...
BitcoinistDeFi Pulse, a leading authority on the DeFi space, calculates that the combined value of all deposits within DeFi protocols ...
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