Bithumb ex-chair could face up to 8 years in prison in South Korea
Lee Jeong-hoon was acquitted of his fraud charges earlier this year, but prosecutors have appealed and want him jailed for the alleged $78 million Bithumb fraud.
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Bithumb ex-chairman not guilty of fraud charges by South Korean court
The court's decision to absolve Lee Jung-Hoon comes a week after Bithumb's biggest shareholder was found dead while under investigation for embezzlement and stock price manipulation.
South Korea: Prosecutors seek 8-year jail term for Bithumb’s ex- chairman
The massive losses incurred by investors over Bithumb's failure to list BXA tokens and acquire BK Group warrants an eight-year prison term for the former's de facto chairman, the prosecution says.
Singapore court rules Bithumb acquisition case in favor of exchange founder: report
After a years-long deliberation, former Bithumb chairman Lee Jeong-hoon won his lawsuit in Singapore against BK Medical Group chief Kim Byung-kun, who is now mandated to return proceeds from BXA sales.
South Korea’s Bithumb exchange is for sale
The Bithumb exchange is for sale. According to officials, Bithumb is selling their exchange because investors are trying to recover their investment.
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.
South Korean court seizes shares from Bithumb investors
The Seoul Central District Court has ruled that shares in Bithumb should be seized from major investors due to the ongoing Bithumb fraud investigation.
Seoul police raid Bithumb exchange twice in one week
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.
South Korea police raid Bithumb exchange over alleged fraud: report
BXA token holders are looking to press charges against Bithumb for falsely advertising the token sale, according to local news reports.