Cryptocoins News / EthereumWorldNews - 1 year ago
Summary:
South Korean prosecutors arrested Bithumb’s former chairman on suspicions of embezzlement and fraud, CoinDesk reported.Kang Jong-Hyun is under investigation along with two other company executives.The local offices of the crypto e...
Cryptocoins News / The Cointelegraph - 1 year ago
The net is closing in on Bithumb executives as the suspected real owner of the exchange is arrested. The suspected real owner of South Korea’s largest crypto exchange,...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary:
The crypto exchange was raided by South Korean prosecutors investigating price manipulation linked to an unnamed coin.Authorities noted that the operation was a “search and seizure” of transaction records tied to the token a...
Cryptocoins News / The Cointelegraph - 1 year ago
Our weekly roundup of news from East Asia curates the industry’s most important developments. Bithumb in turmoil On Jan. 25, Yonhap Infomax reported that South Korean authorities had req...
Cryptocoins News / The Cointelegraph - 1 year ago
One of the country’s largest crypto exchanges has fallen under investigators’ scrutiny over allegations of embezzlement by company executives. According to local news...
Cryptocoins News / The Cointelegraph - 1 year ago
While the FTX saga continues to make headlines, last week brought a plethora of new troubles for crypto companies in the United States, Europe and Asia. The United St...
Cryptocoins News / CoinJournal - 1 year ago
Bithumb had a one and half hour outage that caused customers to lose funds.
South Korean Supreme Court has ordered the exchange to pay the customers for the damages.
Initially, a district court had ruled in favour of the exchange but the ruling was...
Cryptocoins News / The Cointelegraph - 1 year ago
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. The ongoing s...
Cryptocoins News / The Cointelegraph - 1 year ago
The South Korean National Tax Service agency launches an investigation into Bithumb, according to local reports. South Korea-based cryptocurrency exchange Bithumb is u...
Bitcoin News / Bitcoin.com - 1 year ago
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 prosecutors for embezzlement and stock market man...
Bitcoin News / Google News Bitcoin - 1 year ago
Executive Linked to Crypto Exchange Bithumb Found Dead Outside His Home: Report – Exchanges Bitcoin News& & Bitcoin News
Cryptocoins News / The Cointelegraph - 1 year ago
The former chair was under allegations of $70 million in fraud charges which were said to have occurred during the acquisition of Bithumb. Lee Jung-hoon, the former c...
Cryptocoins News / Blockchain - 1 year ago
The 34th Division of the Criminal Agreement of the Seoul Central District Court acquitted former Bithumb chair Lee Jung-hoon on Jan. 3. He was charged with fraud under the Act on Aggravated Punishment of Specific Economic Crimes. Since October 2018,...
Cryptocoins News / The Cointelegraph - 1 year ago
Mr. Park Mo was found dead after an investigation had been launched against him for embezzlement and stock price manipulation. Mr. Park Mo, the vice president of Vid...
Cryptocoins News / The Cointelegraph - 1 year ago
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....
Cryptocoins News / The Cointelegraph - 1 year ago
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....
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary:
Prosecutors in a $70 million fraud case asked a South Korean court to sentence Lee Jung-Hoon to prison, Yonhap News reported.Lee is the former chairman of Bithumb Holdings, the company behind major South Korean crypto exchange Bithumb.S...
Cryptocoins News / The Cointelegraph - 1 year ago
The decision on the civil lawsuit might affect a trial court in South Korea. The court drama behind the acquisition of South Korean crypto exchange Bithumb has been...
Cryptocoins News / Finance Magnates - 1 year ago
<p>South Korean cryptocurrency exchanges are struggling with the ongoing market dip as two of the major local players, <a href="https://www.financemagnates.com/cryptocurrency/news/crypto-exchange-upbit-operator-sees-47-decline-in-q1-rev...
Cryptocoins News / Blockchain - 1 year ago
FTX, a global cryptocurrency exchange headquartered in the Bahamas, is in talks to acquire its rival Bithumb, South Korea’s leading cryptocurrency exchange, according to people familiar with the matter.
The deal is already in an advanced stage, sai...
Bitcoin News / Bitcoinist - 1 year ago
Per a report from TheBlock, the popular crypto exchange FTX is exploring the potential purchase of Bithumb. The South Korean platform will engross the list of the Sam Bankman Fried company’s recent acquisitions.
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