Prosecutors Indict Bithumb Owner on USD 88M Fraud Charges
The majority owner of the South Korea crypto exchange giant Bithumb, Lee Jung-hoon, has been indicted on a USD 88m fraud wrap over a failed altcoin token listing controversy – and could also face a civil case from investors in Hong Kong. Per Yonhap, domestic prosecutors have decided to press ahead with a case that began as a civil complaint to police from a group of…
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