Auto Added by WPeMatico

South Korean Police Seize Shares From Major Bithumb Shareholder

South Korean police have seized shares in Bithumb, the country’s biggest crypto exchange. The shares belong to Bithumb Korea director and major shareholder Kim Byung-Geon. According to a local media report, the police raid – the third on the exchange this month – follows a September 14 ruling from the Seoul Central District Court. The seizure was executed on September 16 at Bithumb’s Gangnam office by accounting firm Samjong KPMG, which will also shortlist additional shareholdings to be sold in Bithumb Holdings. The accountants are overseeing the sale of the exchange. It is not clear how much of Kim Byung-Geon’s…

Continue Reading South Korean Police Seize Shares From Major Bithumb Shareholder

End of content

No more pages to load