Tags: Bithumb

Bithumb’s latest legal woes add to its history of scrutiny, including past raids and allegations of embezzlement and market manipulation.

Bithumb is exploring an international IPO, with NASDAQ under consideration.

Bithumb’s strategic move to eliminate trading fees may have backfired.

Bithumb, the second-largest cryptocurrency exchange in South Korea, is embroiled in a heated rivalry with Upbit, which holds the top position in the market.

Bitcoin trading on Bithum reached an impressive $3 billion, while Upbit faced challenges with its volume remaining below $1 billion.

Former Bithumb Chairman Acquitted in $100M Fraud Case in Second Trial

South Korean Biz Exec Bailed as ‘Bithumb Market Manipulation’ Probe Continues

According to prosecutors, Lee intended to revamp Bithumb’s governance to gain from exchange coins, circumventing financial regulations.

Prosecutors seek 8-year sentence for Bithumb’s former chairman over alleged $85M fraud in South Korea’s cryptocurrency market.

Competitive pressures in the South Korean crypto market have driven Bithumb’s push for an IPO.

The largest Korean exchange has received in-principle approval by the Singaporean MAS.

South Korean Prosecutors Seek Arrest Warrants for Golf Star & Bithumb Exec

South Korean Crypto Exchanges Mandated to Maintain Reserve Funds of $2.3 Million

City authorities of Cheongju are looking to seize cryptocurrency from anyone who owes at least $750 in crypto taxes to the government.

South Korea‘s Financial Intelligence Unit Presses Crypto Platforms to Improve Compliance Measures

The proposed bill would require top government officials and lawmakers to declare all personal crypto holdings over $760.

Korean authorities raided the offices of Upbit and Bithumb as part of the investigation against the politician Kim Nam-kuk. 

The raids came as a local lawmaker stepped down from politics amid accusations of allegedly selling millions in cryptocurrency before new laws were enforced.