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Bithumb boosts security in wake of SK Telecom malware hack

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

Bithumb raided over former CEO’s $2M apartment purchase, report

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

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

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

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