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Crypto Exchange Bithumb Owner’s Arrest Requested by South Korean Prosecutors: Report
25.1.2023
Kang Jong-Hyun and his sister are under investigation for embezzlement related to tax evasion allegations against Bithumb
South Korean prosecutors request arrest warrant for Bithumb owner: Report
25.1.2023
One of the country’s largest crypto exchanges has fallen under investigators’ scrutiny over allegations of embezzlement by company executives
Researchers Say These 7 Factors Will Determine Bitcoin Prices in 2023
18.1.2023
Researchers at the South Korean crypto exchange Bithumb have named seven factors they believe will affect bitcoin (BTC) and crypto prices in 2023 – and determine whether the bear market will give way to bullish forces for a sustained period.
The crypto exchange’s researchers claimed that bitcoin...
Law Decoded, Jan. 9-16: Gemini, Bithumb, Nexo are fresh targets for regulation and prosecution
16.1.2023
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
Bithumb ordered to pay outage damages to investors by South Korean court
16.1.2023
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
Korean Court Orders Crypto Exchange to Pay Customers Suffering From Service Outage
16.1.2023
South Korea’s supreme court has upheld the ruling for Bithumb, the country’s largest cryptocurrency exchange, to pay damages to more than a hundred customers who filed a lawsuit claiming they suffered financial losses resulting from the exchange’s service outage. Bithumb...
Today in Crypto: Digital Assets Subcommittee in the US, Iran's and Russia's Gold-Backed Stablecoin, UK Sentences Four to 15 Years in Prison
16.1.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Digital Assets Subcommittee in the US, Iran's and Russia's Gold-Backed Stablecoin, UK Sentences Four to...
Crypto Exchange Operator Bithumb Investigated by South Korean Tax Authorities: Report
10.1.2023
The former chairman of Bithumb Holdings was recently acquitted of fraud charges
South Korean regulators target Bithumb in new probe
10.1.2023
South Korean National Tax Service agency launches an investigation on Bithumb, according to local reports
Crypto Exchange Bithumb Hit With Tax Investigation, Prosecutors Grill ‘Major Shareholder’
10.1.2023
The South Korean crypto exchange Bithumb has been hit with a double whammy from the South Korean tax and legal authorities – with the exchange made the subject of a “special” tax investigation. And prosecutors have summoned its suspected largest shareholder for questioning.
Chosun reported that...
South Korean Prosecutors Fail in Bid to Jail Ex Bithumb Boss
4.1.2023
South Korean prosecutors have been thwarted in their efforts to send the former head of the crypto exchange Bithumb to prison for eight years.
Per TVChosun, a branch of the Seoul Central District Court acquitted Lee Jung-hoon on fraud charges. Lee had been accused of wrongdoing in a case dating...
Executive Linked to Crypto Exchange Bithumb Found Dead Outside His Home: Report
4.1.2023
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 manipulation. Executive Found Dead Amid...
Today in Crypto: Ukrainian Pharmacy Partners with Binance to Offer Crypto Payments, Sushi Shutting Down Two Products
3.1.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Ukrainian Pharmacy Partners with Binance to Offer Crypto Payments, Sushi Shutting Down Two Products
Ex-Bithumb Chairman Acquitted in South Korea $100M Crypto Exchange Fraud Trial: Report
3.1.2023
Prosecutors in South Korea were seeking an eight-year prison sentence for Lee Jung-hoon, who was acquitted in the first court hearing
Bithumb former chair Lee Jung-Hoon acquitted in the first instance
3.1.2023
The former chair was under allegations of $70 million in fraud charges which were said to have occurred during the acquisition of Bithumb
Bithumb’s largest shareholder executive found dead following allegations of embezzlement
30.12.2022
Mr. Park Mo was found dead after an investigation had been launched against him for embezzlement and stock price manipulation
Researchers: Trust Will Return to Crypto Markets in 2023 – For These Reasons
28.12.2022
Researchers at the South Korean crypto exchange Bithumb have predicted that trust will return to crypto markets next year – and have outlined three key reasons shaping their thinking.
The exchange is one of the two biggest in the nation, and operates a dedicated analysis and research department...
South Korean Crypto Exchanges Delist WEMIX — Token Price Plunges by Nearly 70%
25.11.2022
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 to delist WEMIX, the association claimed the information provided by the token’s issuer Wemade...
WEMIX token plunges 70% after it's delisted by Korean exchanges
25.11.2022
DAXA claimed that the circulating number of WEMIX exceeds what has been disclosed by Wemix, much to the chagrin of the issuers
S Korean Prosecutors Arrest Exec Suspected of Destroying Evidence at Bithumb ‘Affiliate’
31.10.2022
South Korean law enforcers have arrested an executive at one of the crypto exchange Bithumb’s affiliate companies. The executive was charged with destroying evidence prior to an onsite probe earlier this month.
The development comes as MPs and prosecutors attempt to unravel the mysteries...