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Bithumb

A collection of 3 posts
Bithumb Splits into Crypto Exchange and Investment Business for South Korean IPO Plan
Exchange

Bithumb Splits into Crypto Exchange and Investment Business for South Korean IPO Plan

South Korea’s prominent crypto exchange, Bithumb, is undergoing a significant reorganization to pave the way for an initial public offering (IPO) on the country’s Kosdaq exchange. The Seoul-based company has announced plans to split its operations into two distinct entities, separating its core crypto exchange business from its
22 Apr 2025 2 min read
Korean Authorities Raid Crypto Exchange Bithumb Over Former CEO’s Alleged Property Fund Misuse
Exchange

Korean Authorities Raid Crypto Exchange Bithumb Over Former CEO’s Alleged Property Fund Misuse

South Korean authorities have turned their attention to Bithumb, one of the nation’s leading crypto exchanges, as a new investigation unfolds. The focus centers on claims that company funds were improperly used to secure an apartment for its former CEO, Kim Dae-sik, raising questions about financial oversight within the
20 Mar 2025 3 min read
Former Bithumb Crypto Exchange CEO Sentenced to Two Years in Prison
Legal

Former Bithumb Crypto Exchange CEO Sentenced to Two Years in Prison

In a dramatic twist that feels straight out of a financial thriller, a South Korean court has recently sentenced the former CEO of Bithumb, one of the nation's premier crypto exchanges, and a celebrated golfer to prison for their parts in a complex scheme of bribery and market
28 Dec 2024 2 min read
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