DAXA claimed that the circulating number of WEMIX exceeds what has been disclosed by Wemix, much to the chagrin of the issuers. South Korea’s largest crypto exchanges have announced they will delist WEMIX (WEMIX) — the native token of gaming company Wemade’s blockchain platform Wemix — alleging the firm provided “false information” in response to…
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South Korean law enforcers have arrested an executive at one of the crypto exchange Bithumb’s affiliate companies. The executive was charged with destroying evidence prior to an onsite probe earlier this month. The development comes as MPs and prosecutors attempt to unravel the mysteries surrounding the ownership of the exchange – one of the nation’s…
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The sentencing hearing is set for Dec. 20 and could see the former chairman of South Korean crypto exchange Bithumb behind bars for a maximum of eight years if found guilty. The former chairman of the South Korean cryptocurrency exchange Bithumb, Lee Jung-hoon, could face a possible maximum sentence of eight years in prison if…
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A number of leading South Korean crypto industry leaders failed to show up to a parliamentary hearing yesterday – including the Co-founder of the under-fire Terra Luna Classic (LUNC) issuer Terraform Labs Daniel Shin, as well as shareholders of the crypto exchange Bithumb…. Read More: S Korean MPs Rage After Terra Co-founder and Bithumb Shareholders…
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Bithumb – one of South Korea’s biggest crypto exchanges – remains in the public spotlight with questions about the firm’s ownership structure raising concern across the nation. … Read More: Reporters Dig Deeper into Crypto Exchange Bithumb’s Mysterious Ownership Story Read more »Sign up for e-EUR – the progressive stablecoin
A number of South Korean firms related to the crypto exchange Bithumb – including the firm that owns a controlling share of its stock – have been raided by the prosecution service on embezzlement charges…. Read More: Prosecutors Raid Three Bithumb ‘Affiliates’ as Shareholder Scrutiny Intensifies Read more »Sign up for e-EUR – the progressive…
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A South Korean appeals court has ruled that the crypto exchange Bithumb is liable for damages in the case of a group of traders who missed out on trading gains due to “computer errors.” Per Newsis, the verdict was issued by a branch of the Seoul High Court. The case dates back to 2017 and…
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Hyundai Motor Group’s securities arm has extended its partnership with the South Korean crypto exchange Bithumb – and will allow its app users to access real-time crypto markets data. In an official announcement, Hyundai Motor Securities, one of South Korea’s biggest securities providers, explained that it will add info on its customers’ crypto holdings to…
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A more than week-long prosecution raid of South Korean crypto exchanges and companies linked to Terraform Labs has finally come to an end, with officers admitting that finding the information they were after was challenging. As reported, the Seoul Southern District Prosecutors’ Office-run Joint Financial and Securities Crime Investigation Team last month swooped on 15…
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