Bithumb CEO Booked in South Korea Bribery Probe Over Lawmaker’s Son Hiring

🔍 South Korean police are investigating Bithumb CEO Lee Jae-won for bribery allegations related to the hiring of a lawmaker's son, following a request from independent lawmaker Kim Byung-ki.

🍷 The investigation stems from a meeting where Kim allegedly pressured Lee to hire his son, with suspicions that this was linked to Kim's legislative actions against rival crypto exchange Dunamu.

⚖️ Bithumb faces multiple legal challenges, including a recent court ruling that temporarily halted a business suspension by the Financial Intelligence Unit due to numerous regulatory violations and a separate incident involving missing Bitcoin from a promotional error.