Bithumb’s Troubles: IPO Hopes and a $2 Million Embezzlement Scandal
South Korean police raided Bithumb’s headquarters, investigating its former CEO, Kim Dae-sik, for embezzlement. The Apartment Purchase The main focus? A $2 million company lease deposit Kim allegedly used to buy himself an apartment. Prosecutors want to know the full story behind this transaction, even though Bithumb claims Dae-sik has repaid the money. The investigation…
