Cryptocurrency exchange Bithumb ex-chair could face jail term, here’s why

As per the South Korean news agency Yonhap, the prosecutors in South Korea are seeking Lee Jung-hoon, the former head of the cryptocurrency trading company Bithumb, to serve up to eight years in jail for alleged fraud. This fraud case involves selling Bithumb’s BXA tokens as part of Singapore-based BK Group’s bid to buy the […]