Seoul South District Prosecutor's Office Summoned "Bithumb Beneficial Owner" on Suspicion of Embezzlement

According to the prosecution, the Financial Investigation Division 2 of the Seoul South District Prosecutors Office summoned Kang Jong-hyun, the beneficial owner of Bithumb, for investigation on suspicion of embezzlement and other charges.

Kang Jong-hyun is the brother of Kang Ji-yeon, the CEO of Biozen and Bucket Studio, Bithumb-related companies. He is suspected to be the beneficial owner of Bithumb and is the central figure in the embezzlement case of the related company.

Source

Policy and Regulation

Related News
South Korea imposes sanctions on North Korean crypto hackers, IT operatives South Korea imposes sanctions on North Korean crypto hackers, IT operatives
Bitcoin drops below $100,000 after Fed Chair Powell’s comment against BTC reserve Bitcoin drops below $100,000 after Fed Chair Powell’s comment against BTC reserve
Iran moves to regulate crypto instead of imposing limits: report Iran moves to regulate crypto instead of imposing limits: report
Donald Trump appoints David Sacks to lead AI and crypto at White House Donald Trump appoints David Sacks to lead AI and crypto at White House
South Korea’s short-lived military rule sparks record $34 billion in local crypto trade South Korea’s short-lived military rule sparks record $34 billion in local crypto trade
Latest News More More
2 Days Ago Mantra and Damac sign $1B deal to tokenize Middle Eastern assets
2 Days Ago Fetch.ai launches $10M accelerator for AI agent startups
3 Days Ago Fidelity’s spot bitcoin, ether ETFs post largest daily net outflows since inception
3 Days Ago Polkadot-based Phala Network launches Ethereum Layer 2 rollup
4 Days Ago Coinbase premium flips positive for first time in weeks, indicating rising bitcoin demand from US investors
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open