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South Korea’s Leading Crypto Exchanges Aid Police in Hunting "Nth Rooms" Blackmail Porn Members

South Korea’s Leading Crypto Exchanges Aid Police in Hunting "Nth Rooms" Blackmail Porn Members

The four primary crypto exchanges in South Korea, namely Coinone, Korbit, Bithumb, and Upbit, have reportedly offered to help police investigate the sexual exploitation of underage girls in the “Nth Rooms” scandal that has sparked a national outcry.

South Korean Police Raid Bithumb Crypto Exchange Headquarters On Fraud Allegations

South Korean Police Raid Bithumb Crypto Exchange Headquarters On Fraud Allegations

South Korean Police have raided the headquarters of Bithumb cryptocurrency exchange as part of an investigation into fraud.

Bithumb Crypto Exchange Puts Itself Up for Sale Amid Fraud Probe

Bithumb Crypto Exchange Puts Itself Up for Sale Amid Fraud Probe

Bithumb cryptocurrency exchange is set up for sale amid accusations of the alleged fraud.

Bithumb Korea Reports Operational Losses Due to Declining Crypto Trading Volume

Bithumb Korea Reports Operational Losses Due to Declining Crypto Trading Volume

Bithumb Korea reported a Q2 operational loss of KRW 3.442 billion in 2023, down from a KRW 38.42 billion profit last year. The decline is attributed to reduced crypto trading volumes and fee income. The exchange is now offering no-fee events to boost activity.

Bithumb Designates SANTOS, PORTO, and LAZIO Tokens as Investment Warning Assets

Bithumb Designates SANTOS, PORTO, and LAZIO Tokens as Investment Warning Assets

Bithumb has announced new Investment Warning designations for SANTOS, PORTO, and LAZIO tokens due to low liquidity and manipulation risks.

S. Korean Exchanges to be Held Accountable for LUNA Crash

S. Korean Exchanges to be Held Accountable for LUNA Crash

According to the latest reports from local media platform Newspim, the top cryptocurrency exchanges are now likely to be held accountable for failing to implement measures to protect investors from the crash.

Upbit's Massive LOOM Transactions Drive Market Fluctuations

Upbit's Massive LOOM Transactions Drive Market Fluctuations

Upbit's hefty LOOM transactions to Binance and Bithumb, alongside its substantial holdings of the token, have coincided with a notable price dip, spotlighting the exchange's sway over LOOM's market dynamics.

Former Bithumb Chairman Lee Jung-Hoon Acquitted in $100M Fraud Case

Former Bithumb Chairman Lee Jung-Hoon Acquitted in $100M Fraud Case

Lee Jung-Hoon, former chairman of Bithumb, has been acquitted in a $100 million fraud case related to the non-listing of the BXA token, highlighting challenges in crypto industry legal cases.

Senior Worker at Bithumb Triggered Hacking Vulnerability

Senior Worker at Bithumb Triggered Hacking Vulnerability

A senior worker at Bithumb, a leading South Korean crypto exchange, is in a tight spot after a Korean court discovered that he is liable for web safety legislation breaches. As a result, his misdeeds made the crypto exchange vulnerable to a 2017 hack that led to the loss of cryptocurrency holdings worth $6 million USD.

South Korea Authorities Seize $47M in Crypto from Tax Evaders

South Korea Authorities Seize $47M in Crypto from Tax Evaders

South Korean authorities have made the largest crypto seizures in the country's history. $47 million in digital currencies have been confiscated.

Bithumb Designates Velo Protocol's VELO as Investment Cautionary Cryptocurrency

Bithumb Designates Velo Protocol's VELO as Investment Cautionary Cryptocurrency

Bithumb designates Velo Protocol's VELO a cautionary cryptocurrency over transparency concerns, halting deposits starting 2/22. Bithumb to reevaluate status in March.

Morgan Stanley in Talks to Acquire Multi-Million Dollar Stake in Bithumb Crypto Exchange

Morgan Stanley in Talks to Acquire Multi-Million Dollar Stake in Bithumb Crypto Exchange

Morgan Stanley is reportedly in talks with Bithumb South Korea-based crypto exchange to acquire a multi-million-dollar stake in the exchange.

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