Bakkt's future hangs in the balance as it navigates turbulent waters in the stock market. With mounting pressure from the NYSE and persistent financial woes, the company faces an uphill battle to regain stability and investor confidence.
BerniceBithumb slashes fees and expands Maker Rewards, offering luxury benefits to black level members, setting new industry standards for value and service.
BrianFormer 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.
JasperAccording to local media reports, the owner of South Korea's largest cryptocurrency exchange, Bithumb, was arrested in the country on Thursday.
BitcoinistThe raid centers around suspected price manipulation of an unidentified coin.
cryptopotatoThe Kang siblings are charged with embezzlement, breach of trust, and market manipulation.
cryptopotatoThe NTS will supposedly investigate whether Bithumb and its alleged owner Kang Jong-hyeon have breached taxation policies.
cryptopotatoLee Jung-hoon will not go to prison after Judge Kang Gyu-Tae proclaimed him not guilty of committing fraud.
cryptopotatoCrypto regulations in South Korea require exchanges to enforce strict KYC and AML guidelines, and major crypto exchanges have dropped other privacy coins in the past.
CointelegraphCrypto regulations in South Korea require exchanges to enforce strict KYC and AML guidelines and major crypto exchanges have delisted privacy coins in the past as well.
Cointelegraph