Bithumb

Bithumb's former chairman is facing charges of fraud. (Shutterstock)
South Korean Prosecutors Seeking 8-Year Sentence for Ex-Bithumb Chairman
Lee Jung-hoon, who led the company that operated the exchange, is charged with committing $70 million in fraud.
Bithumb's former chairman is facing charges of fraud. (Shutterstock)

Bithumb website (Shutterstock)
Crypto Exchange Bybit Spends $3.8M on Bithumb Shareholder T-Scientific's Convertible Debt
The Dubai-based exchange said it sees the investment as a means to expand into the Korean market.
Bithumb website (Shutterstock)

Bithumb is one of South Korea's largest crypto exchanges (Shutterstock)
FTX in Talks to Buy South Korean Crypto Exchange Bithumb: Report
Bithumb’s parent company is considering either an outright sale or a joint ownership.
Bithumb is one of South Korea's largest crypto exchanges (Shutterstock)

Fed Nerves Hit Crypto; Philippines Crypto Tax Pushed
Fed Nerves Hit Crypto; Philippines Crypto Tax Pushed
Crypto prices fall ahead of the Fed meeting. Philippine President Marcos Jr. pushes tax for digital services to boost economy, cut debt. Talks between FTX and Bithumb over a p...
Fed Nerves Hit Crypto; Philippines Crypto Tax Pushed

Market Bottom Being Tested? Zipmex In Buyout Talks
Market Bottom Being Tested? Zipmex In Buyout Talks
Silvergate CEO warns crypto market pain will continue, but still bullish on Bitcoin lending. DeFi total value locked plunged 67% in Q2. Zipmex in talks with potential buyers....
Market Bottom Being Tested? Zipmex In Buyout Talks

Bithumb Goes for Olympic Gold; India Crypto Tax Questions
Bithumb Goes for Olympic Gold; India Crypto Tax Questions
Japanese megabank to take advantage of stablecoin law. Korea’s Bithumb gets in on Winter Olympics action. Lack of clarity clouds India crypto tax. We’ll have more on those sto...
Bithumb Goes for Olympic Gold; India Crypto Tax Questions

Korea Stands Firm on NFT Games; Laos Introduces Crypto Regulations
Korea Stands Firm on NFT Games; Laos Introduces Crypto Regulations
Bithumb approval sees Korea’s big four exchanges all fully licensed. Korea’s Game Rating and Administration Committee stands firm on NFT game ban. Laos issues new regulations...
Korea Stands Firm on NFT Games; Laos Introduces Crypto Regulations

(Dan Palmer/CoinDesk)
Bithumb to Mandate ID Verification From Non-Koreans Within the Year: Report
The crypto exchange will prohibit access to its platform for non-Korean nationals who fail to verify their identity by mobile phone.
(Dan Palmer/CoinDesk)

Upbit-logo
Upbit Is First Korean Exchange to Register With Authorities Before September Deadline
Crypto exchanges that don't register by Sept. 24 face being shut down in South Korea.
Upbit-logo

Bithumb
South Korean Prosecutors Indict Former Bithumb Chairman in $100M Fraud Probe
Lee Jung-hoon allegedly took the funds from BK Group owner Kim Byeong-gun as an upfront "contract fee" in acquisition negotiations.
Bithumb