South Korean police imprisons Bithumb CEO for misappropriation of funds

South Korean Police Imprisons Bithumb CEO for Misappropriation of Funds

In a landmark case that has sent shockwaves through the crypto community, South Korean authorities have arrested the CEO of one of the world’s largest cryptocurrency exchanges for alleged embezzlement. Kang Jong-hyun, CEO of Bithumb, was apprehended on Tuesday and faces charges relating to the purported misappropriation of millions of dollars and stock price manipulation…

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