Korean Prosecutors Raid Bithumb Over Ex-CEO’s Alleged Funds Misuse in Property Deal

South Korean prosecutors raided Bithumb over allegations its former CEO misused $2.4M in company funds for an apartment, complicating the exchange’s 2025 IPO plans amid ongoing regulatory scrutiny.


The post Korean Prosecutors Raid Bithumb Over Ex-CEO’s Alleged Funds Misuse in Property Deal appeared first on Cryptonews.


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AI News Weekly - Issue #381: Godspeed, Google employees in the U.S. and abroad. - Apr 18th 2024