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South Korean Police Restarts Investigation in the Bithumb Fraud Case

It looks like the troubles for crypto exchange Bithumb aren’t ending anytime soon! On Monday, August 2, the South Korean police reopened an investigation into the Bithumb fraud case involving the former chairman of the exchange. The news comes just within a month’s period after top executives of Bithumb were indicted by Hong Kong regulators

Bhushan Akolkar August 2, 2021

It looks like the troubles for crypto exchange Bithumb aren’t ending anytime soon! On Monday, August 2, the South Korean police reopened an investigation into the Bithumb fraud case involving the former chairman of the exchange. The news comes just within a month’s period after top executives of Bithumb were indicted by Hong Kong regulators

Bithumb
Altcoin News
Bithumb
Altcoin News

Bithumb Shared ‘Loss Figure’ Suffered After Recession and Hack Incident

One of the largest cryptocurrency exchanges from South Korea suffered a massive loss within a year. After experiencing the tough year of Hack, Bithumb reports $175 Million in Losses. Whenever any crypto exchange experiences loss or hack incident, it puts millions of funds in the riskier zone which creates insecurity among other crypto enthusiasts towards

Tabassum April 12, 2019

One of the largest cryptocurrency exchanges from South Korea suffered a massive loss within a year. After experiencing the tough year of Hack, Bithumb reports $175 Million in Losses. Whenever any crypto exchange experiences loss or hack incident, it puts millions of funds in the riskier zone which creates insecurity among other crypto enthusiasts towards

Bithumb Hack
Bitcoin News
Bithumb Hack
Bitcoin News

Bithumb Hack: Exchange Informs User’s Funds Are Safe; Employee Embezzlement Suspected?

Bithumb, one of the leading Cryptocurrency Exchanges in South Korea has experienced another hack. Bithumb reported on Saturday 30th March 2019 that while the user’s funds were safe from an outside infiltration, an ‘internal embezzlement incident’ has been suspected. Funds have reportedly been stolen from the company’s ‘hot wallet.’ On 29th March, the transaction monitoring system of the

Nivesh Rustgi April 9, 2019

Bithumb, one of the leading Cryptocurrency Exchanges in South Korea has experienced another hack. Bithumb reported on Saturday 30th March 2019 that while the user’s funds were safe from an outside infiltration, an ‘internal embezzlement incident’ has been suspected. Funds have reportedly been stolen from the company’s ‘hot wallet.’ On 29th March, the transaction monitoring system of the