Bithumb’s chairman has been summoned to court
Bithumb exchange chairman Lee Jung-hoo has been summoned to court in regard to the Bithumb fraud investigation; Lee is accused of fraud and evading property.
Bithumb exchange chairman Lee Jung-hoo has been summoned to court in regard to the Bithumb fraud investigation; Lee is accused of fraud and evading property.
The Seoul Central District Court has ruled that shares in Bithumb should be seized from major investors due to the ongoing Bithumb fraud investigation.
South Korean Police have raided the Bithumb office twice in just one week; this time around, the police seized documents related to a fraud investigation.
The Seoul Central District Court ruled that Bithumb exchange and the claimant were both partly responsible for the data breach.
BXA token holders are looking to press charges against Bithumb for falsely advertising the token sale, according to local news reports.
South Korea’s Bithumb has reportedly begun the initial public offering process, with the help of Samsung Securities as its underwriter.
The return to profit follows extensive losses incurred in 2018, which saw the exchange slide US$170 million into the red.
Huobi Korea delisted Monero a few days ago after it emerged the darkcoin was used in a sex scandal involving minors. Bithumb is under pressure to do so too.
South Korea is gripped by a child porn scandal that has caused national uproar. And now, the four largest digital currency exchanges are helping investigators.
Bithumb digital currencies exchange has integrated the Reactor investigation tool from Chainalysis to scrutinize transactions more and comply with new laws
Bitcoin SV was added to Bithumb Global’s Main Board, allowing users to make deposits and trades in the original Bitcoin.
Bithumb has filed a complaint with a court in South Korea, as it seeks to nullify a $69 million bill from the country’s tax agency.