🚨 New raid on Bithumb’s headquarters in South Korea
Seoul prosecutors raided the Bithumb exchange’s headquarters on October 29 as part of an investigation into the misuse of company funds allocated for luxury residences for executives. The case first came to light in March 2025, when properties worth 11.6 billion won belonging to four current and former executives were uncovered.
🔐 A reminder of the importance of governance and transparency when choosing your platform.
#Bithumb #crypto #Regulation
Seoul prosecutors raided the Bithumb exchange’s headquarters on October 29 as part of an investigation into the misuse of company funds allocated for luxury residences for executives. The case first came to light in March 2025, when properties worth 11.6 billion won belonging to four current and former executives were uncovered.
🔐 A reminder of the importance of governance and transparency when choosing your platform.
#Bithumb #crypto #Regulation
