Bitcoin Bribery Probe: Bithumb CEO Detained
South Korean police name Bithumb CEO Lee Jae-won a bribery suspect after a second raid; investigation involves hiring solicitation claims. #Breaking #Legal
Bithumb
Bithumb CEO Accused of Bribery Scandal
South Korean police are investigating @Bithumb CEO Lee Jae-won for allegedly aiding the employment of a lawmaker’s son, with searches conducted at Bithumb’s office amid bribery concerns. #Breaking #Legal $BTC
Bitcoin Exchange Bithumb Seizes 7 BTC Assets
@Bithumb has initiated legal action to recover 7 BTC after mistakenly crediting users with 620,000 BTC during a promotional event, resulting in a $120 million loss. Legal experts cite unjust enrichment. #Update #Crypto $BTC
Crypto Platforms Face 5-Minute Audit Rule
South Korea mandates a 5-minute audit rule for crypto platforms to enhance transparency and security, impacting operations across exchanges. #Update #Legal
Bithumb Fined $24M for 6M Violations
South Korea fines @Bithumb $24.5M for over 6.65 million AML violations, including unregistered foreign VASP transactions; a six-month partial ban on external transfers for new clients is also imposed. #Breaking #Legal $BTC
Ethereum Layer-2 Token AZTEC Surges 82%
Aztec ($AZTEC) surged 82% to $0.035 after listings on South Korean exchanges Upbit and Bithumb, attracting KRW-denominated buying in a thin market. #Update #Crypto $AZTEC
Bitcoin Blunder Sparks $43B Political Storm
South Korean lawmakers scrutinize financial regulators after @BithumbOfficial’s $43 billion Bitcoin mishap, highlighting systemic oversight failures. #Breaking #Crypto $BTC
Bitcoin Regulator Probes Bithumb Over 620000 BTC Transfer
The Financial Supervisory Service (FSS) of South Korea is investigating @Bithumb after mistakenly crediting over 620,000 BTC to users, raising concerns over asset ownership and security. #Breaking #Crypto $BTC
XRP Exchange Reserves Surge 1.2B Bearish
XRP exchange reserves surged by 1.2 billion XRP in a day, indicating potential bearish pressure as investors offload coins despite institutional accumulation signs. #Update #Crypto $XRP
Cybersecurity Alert Bithumb Warns of Risks
@Bithumb warns users after @SKTelecom cyber attack leaks SIM data, enhancing security measures and issuing protective guidelines. #Breaking #Security (+8) ↘
Bithumb Prepares Spin-Off Ahead IPO
@Bithumb is restructuring by spinning off its exchange and investment units to streamline operations ahead of its IPO. #Update #Crypto (+3) →
Ethereum Altcoin Surges 68% on Korean Exchange
@Bithumb’s support for $ACX led to a 68% surge, with prices peaking at $0.462 before settling at $0.319, marking a 10% daily gain. #Update #Crypto $ACX (+4) ↗
Bithumb Sponsors FC Seoul Soccer Club
@Bithumb has signed a sponsorship deal with FC Seoul for the 2025 season, marking its eighth cultural project initiative. #Update #Sports (+3) ↗