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Results for Crypto, Bithumb

8 stories, newest first

South Korean crypto exchanges Upbit and Bithumb have seen revenues plummet this year amid a wider downturn for crypto firms in the country.

South Korean police have booked Bithumb CEO Lee Jae-won after he allegedly gave a politician's son a job in return for legislative favors.

Bithumb apologised for sending up to 2,000 BTC to users which led to a 10% crash on the South Korean exchange.

Apr 24, 2025 — Bithumb, Crime

Bithumb took action after SK Telecom was attacked with a malware infection that allowed hackers to access sensitive customer information.

Mar 20, 2025 — Bithumb, South Korea

The raid follows an investigation into a former Bithumb CEO who allegedly misused $2 million of company money to purchase an apartment.

May 15, 2023 — Bithumb, South Korea

Cryptocurrency exchanges Upbit and Bithumb were raided on Monday as part of an investigation into a politician who held $4.5M wemix coins.

Mar 20, 2023 — Bithumb, Crypto

According to a former Bithumb executive, the exchange has been aggressively listing shady kimchi coins "for a while."

Oct 25, 2022 — Bithumb, Crime

The fraud trial of former Bithumb exec Lee Jung-hoon has come to an end, with prosecutors requesting an eight year sentence on Tuesday.