8year

A South Korean district court has sentenced the CEO and CTO of cryptocurrency exchange Bitsonic to eight years in prison for stealing millions of dollars in customer funds. According to a report from Yonhap News Agency,…

Lee Jeong-hoon, the former chair of Bithumb, one of South Korea’s major cryptocurrency exchanges, is at the center of a legal battle and might face an eight-year prison sentence, with a verdict scheduled for Jan. 18, 2024.According to…