Claim BonusBithumb Largest Shareholder Exec Dies By Suicide: Report
The vice president of Vident, the biggest shareholder in the cryptocurrency exchange “Bithumb,” has been discovered dead. The prosecution was looking into allegations that the executive had stolen money from Bithumb affiliates. The local media reported this.
In Dongjak-gu, Seoul, Park Mo was found dead in front of his house. According to Seoul Dongjak Police Station, it happened on the morning of the 30th, at around four in the morning. However, police think Park made an extreme choice.
The Police official said,
“Through optometric and CCTV analysis at the site, there is no other possibility so far.”
Bithumb’s Shareholder was under investigation
The prosecution was looking into Park on allegations of embezzlement and stock price manipulation. With a 34.22% stake in Bithumb Holdings, Vident, a KOSDAQ-listed company, is Bithumb’s largest shareholder.
According to rumors, Mr. Park manages the accounting for brother and sister Mr. Kang, who was thought to be the real owner of Bithumb. Prior to this, on October 7, related businesses like Vident were searched and assets were seized. However, it was done by the Financial Investigation Division 2 of the Seoul South District Prosecutor’s Office (Chief Prosecutor Chae Hee-man).
Death Toll
When an economic disaster occurs, people immediately want to know how much money was lost. The economic effects of the tragedy are almost exclusively covered in the media. While doing so, they ignore the true effects that these economic catastrophes have on the lives of regular people.
The Man in Taiwan
Taiwanese law enforcement discovered a man dead on the streets outside his apartment right after the Luna crash. He had jumped out of his window to end his life.
Telangana Man
Due to his cryptocurrency losses, an Indian man by the name of Ramalingaswamy decided to take the extreme step of suicide. The man reserved a hotel room, locked the door, and then ate poison.
Also Read: Year Ender: Top 5 Popular Metaverse Games in 2022
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- Monero Hits Record High After 44% Rally Just Hours After UAE Privacy Token Ban
- Just-In: After Trump and Melania, NY Mayor Announces New Meme Coin
- US Crypto Regulation: Senators Target Gray Area in Developer Liability
- Crypto Market Bill Faces Yet Another Delay as U.S. Senate Postpones Markup to Late January
- Fed Independence at Risk? Lummis and Hassett Discuss Powell Probe Amid Extravagant Spending Claims
- Crypto Stocks To Watch: MSTR, Metaplanet, and S&P 500 price
- Solana Price Targets $200 as WisdomTree Declares Its Dominance Structural
- Bitcoin Price Prediction Amid DOJ Probe as Powell Indictment Fears Cool
- Why is Monero (XMR) Price Up Today?
- Binance Coin Price Target $1,000 as CZ Signals Incoming Crypto Super Cycle
- Bitcoin and XRP Price Prediction Ahead of Supreme Court Tariffs Ruling on Jan 14, 2026
