Kang Jong-Hyun

Bithumb Shareholder Kang Jong-Hyun Arrested For Alleged Embezzlement, Fraud

A South Korean businessman named Kang Jong-Hyun, who is reported to have control over the Bithumb cryptocurrency exchange, has been arrested on charges of fraud, embezzlement, and breach of trust, according to CoinDesk Korea.

South Korean Crypto Exchange Bithumb Under Scrutiny For Price Manipulation

Offices of South Korean cryptocurrency exchange Bithumb were searched by law enforcement officials on Thursday, as part of an ongoing investigation into potential price manipulation of a specific coin listed on the platform.