News Explorer — South Korean Crypto Exchange Bithumb Raised Over Alleged Embezzlement: Report

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Mar 20, 11:00 am

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South Korean Crypto Exchange Bithumb Raised Over Alleged Embezzlement: Report

South Korean authorities raided Bithumb's headquarters over allegations that the former CEO misappropriated $2 million for an apartment deposit, according to a local new report. The Financial Supervisory Service initiated the investigation, which was later taken over by Seoul's prosecutors.

South Korean authorities raided Bithumb's headquarters over allegations that the former CEO misappropriated $2 million for an apartment deposit, according to a local new report. The Financial Supervisory Service initiated the investigation, which was later taken over by Seoul's prosecutors.

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