Kim Byung News

30.11 / 17:39

IPO Aware information Former Bithumb Chairman Lee Jeong-hoon Faces 8-Year Prison Sentence in Appeal

Lee Jeong-hoon, the former chairman of Bithumb, one of South Korea's primary cryptocurrency exchanges, faces a potential 8-year prison sentence. The Seoul High Court is expected to deliver its verdict in the appeal case on January 18, 2024.

23.07 / 04:10

markets Digital ETF regulation Bitcoin South Korean Regulator ‘Cautious’ About Letting Corporations Invest in Crypto

The likely new head of the top South Korean financial regulator says he is “cautious” about letting corporations invest in crypto.

18.11 / 10:57

Blockchain Law defi Tokens crimes Former Bithumb chair faces 8-year imprisonment

Lee Jeong-hoon, the former chair of Bithumb, one of South Korea’s major cryptocurrency exchanges, is at the center of a legal battle and might face an eight-year prison sentence, with a verdict scheduled for Jan. 18, 2024.

17.11 / 06:10

IPO Bithumb reports Bithumb’s Ex-Chair Faces Eight-Year Jail Term as Prosecutors File Appeal

South Korean prosecutors have filed an appeal in the alleged fraud case involving Lee Jeong-hoon, the former chair of local cryptocurrency exchange Bithumb.

04.01 / 13:55

Legal Crypto Exchange Jail South Korean Prosecutors Fail in Bid to Jail Ex Bithumb Boss

South Korean prosecutors have been thwarted in their efforts to send the former head of the crypto exchange Bithumb to prison for eight years.

03.01 / 11:41

business regulation Fraud Terra Luna Lee Bithumb former chair Lee Jung-Hoon acquitted in the first instance

Lee Jung-hoon, the former chair of the South Korean cryptocurrency exchange Bithumb, was found not guilty on Jan. 3 by the 34th Division of the Criminal Agreement of the Seoul Central District Court.

09.11 / 14:07

Target BLOCK South Korean Academic: We Must Block North from Hacking Crypto

A South Korean academic has claimed that Seoul must take steps to stop Pyongyang from hacking crypto targets south of the demilitarized zone – as tensions escalate between North Korea and its southern neighbor.

31.08 / 14:47

business Bithumb Singapore court rules in favor of Bithumb founder in acquisition case

The court drama behind the acquisition of South Korean crypto exchange Bithumb has been going on for several years, but in an unexpected development, a Singapore court has made a ruling against Kim Byung-gun, who has originally accused the owner of Bithumb, Lee Jung-hoon, in defrauding him.

08.07 / 03:39

regulation Exchange Investment South Korean MP Wants to Launch a Fund to Help Struggling Crypto Investors

A South Korean politician wants the government to create a special fund to help crypto investors who have suffered losses in the markets – and says that crypto exchanges should foot the bill.

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