2023-02-02 14:40:52

Bithumb Owner Arrested Over Alleged $50 Million Embezzlement Charges

According to local media reports, the owner of South Korea’s largest cryptocurrency exchange, Bithumb, was arrested in the country on Thursday on accusations of alleged embezzlement and stock manipulation. Kang Jong-hyun, the de facto proprietor of the local crypto exchange Bithumb, has been apprehended, prosecutors said. Kang was given an arrest warrant by the Seoul

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