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Trial of Bithumb Operator’s CEO Begins
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The trial of Lee Sang-jun, the CEO of the crypto exchange Bithumb’s parent company, has begun in Seoul, South Korea.
Lee (54), the CEO of Bithumb Holdings, is being tried alongside the former pro golfer and celebrity Ahn Seong-hyeon (42) on charges of “soliciting the listings” of unnamed altcoins.
The media outlet Newsis reported that the trial began on November 21 at a branch of the Seoul Southern District Court.
Prosecutors signaled their intention to indict the two men on charges of breach of trust in August.
They have claimed that Ahn convinced Lee to list the coin on the Bithumb exchange.
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