South Korea Starts Investigating Crypto Exchange Bithumb (Report)
The NTS will supposedly investigate whether Bithumb and its alleged owner Kang Jong-hyeon have breached taxation policies.
The NTS will supposedly investigate whether Bithumb and its alleged owner Kang Jong-hyeon have breached taxation policies.
Lee Jung-hoon will not go to prison after Judge Kang Gyu-Tae proclaimed him not guilty of committing fraud.
Initial report suggests the exec may have died by suicide.Â
Lee's sentencing hearing is scheduled for December 20.
The acquisition talks are part of FTX's aggressive expansion plan amid the ongoing bear market.Â
The South Korean platform Bithumb will tighten its security policy from January 27.
Several cryptocurrency platforms in South Korea will reportedly halt their operations as they run their businesses without the necessary licensing.
The Wall Street behemoth Morgan Stanley is reportedly looking to double-down its support for the crypto industry by acquiring a
Cryptocurrency exchanges based and operating in South Korea could be penalized for failing to implement approved AML regulations.
The giant Asian gaming company Nexon is reportedly looking to acquire the crypto exchange Bithumb for around half a billion