Bithumb Revamps Fees and Rewards, Elevating Trading Experience
Bithumb slashes fees and expands Maker Rewards, offering luxury benefits to black level members, setting new industry standards for value and service.
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Bithumb slashes fees and expands Maker Rewards, offering luxury benefits to black level members, setting new industry standards for value and service.
Prosecutors claim that Lee intentionally concealed challenges related to BXA token listing, with the alleged aim of profiting and circumventing financial regulations.
Ex-Bithumb chairman Lee Jeong-hoon awaits an 8-year prison term decision on January 18, 2024, accused of deceiving BK Group's chairman in a Bithumb acquisition, involving a disputed BXA token listing and alleged embezzlement of 110 billion won ($70 million). The verdict may set a precedent in exchange governance disputes, impacting Bithumb's future and industry policies amid increased regulatory scrutiny.
Former Bithumb Chairman, Lee Jeong-hoon, faces an eight-year prison sentence over allegations of manipulating Bithumb's governance in a complex cryptocurrency scandal, with a verdict set for January 18, 2024, potentially impacting Bithumb's future and regulatory scrutiny in the industry.
According to local media reports, the owner of South Korea's largest cryptocurrency exchange, Bithumb, was arrested in the country on Thursday.
The raid centers around suspected price manipulation of an unidentified coin.
The Kang siblings are charged with embezzlement, breach of trust, and market manipulation.
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.
VYGVF dropped as much as 60% during regular trading hours on June 22 before closing at $0.5998 to mark a drop of 50.84% for the day.