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Coin Edition

2023-02-02 12:31:00

Alleged Bithumb Owner Arrested for Embezzling $50 Million

Alleged Bithumb Owner Arrested for Embezzling $50 Million

Bithumb’s former Chairman Kang Jong-hyun was arrested earlier today by South Korean law enforcement on charges related to market manipulation and embezzlement, among other things. The arrest came a week after prosecutors asked the Seoul Southern District Court to issue a warrant for the same. According to a report by a local media outlet, Kang The post Alleged Bithumb Owner Arrested for Embezzling $50 Million appeared first on Coin Edition .

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