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Cryptocurrencies: 27289
Markets: 108940
Market Cap: $3,811,914,659,354     
24h Vol: $95,467,003,561
Bitcoinist 2023-02-02 14:40:52

Bithumb Owner Arrested Over Alleged $50 Million Embezzlement Charges

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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