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South Korean Prosecutors Raid Bithumb HQ Over Fund Misuse Allegations
Bithumb’s latest legal woes add to its history of scrutiny, including past raids and allegations of embezzlement and market manipulation.
Mar, 21, 2025
2 min read
by CryptoPotato
Court Acquits Former Bithumb Chairman in Multimillion-dollar Fraud Case
A Seoul High Court has declared Lee Jeong-hoon, the former chairman of cryptocurrency exchange giant Bithumb, not guilty of allegations brought by ...
Jan, 18, 2024
< 1 min read
by CoinEdition
Former Bithumb Chairman Accused in $100M Fraud Case Found Not Guilty in Second Trial
The former chairman of Bithumb Holdings and Bithumb Korea, Lee Jeong-hoon, has been acquitted for the second time in the $100 million fraud case. T...
Jan, 18, 2024
1 min read
by Cryptonews
Former Bithumb Chairman Faces Eight-Year Prison Sentence For $85 Million Fraud
In a recent development, South Korean prosecutors have requested an eight-year prison sentence for Lee Jung-hoon, the former chairman of the board ...
Nov, 17, 2023
2 min read
by Bitcoinist
Bithumb’s Former Chairman Could Face 8 Years in Prison: Report
Prosecutors seek 8-year sentence for Bithumb's former chairman over alleged $85M fraud in South Korea's cryptocurrency market.
Nov, 17, 2023
2 min read
by CryptoPotato
Bithumb scandal deepens as Lee Jeong-hoon faces jail time
In a significant development within South Korea’s cryptocurrency industry, Lee Jeong-hoon, the former chairman of the major crypto exchange Bithumb...
Nov, 17, 2023
1 min read
by CryptoPolitan