Former Bithumb President Lee Jeong-hoon Acquitted in First Trial

According to local media reports, former Bithumb president Lee Jeong-hoon was acquitted in a trial today for allegedly defrauding the company of 110 billion won.

Previously, Lee Jung-hoon allegedly defrauded BK Medical Group President Kim Byung-geun of part of the purchase price under the pretext of listing BXA Coin when they signed a contract to purchase Bithumb shares in October 2018.