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Prosecutors Raid Bithumb Holdings... Suspicion of Bribery for Cryptocurrency Listing Fees

The prosecution conducted a search and seizure on Lee Sang-jun, CEO of Bithumb Holdings, who is suspected of charging listing fees for cryptocurrency listings.


Prosecutors Raid Bithumb Holdings... Suspicion of Bribery for Cryptocurrency Listing Fees

On the 15th, the Financial Investigation Division 2 of the Seoul Southern District Prosecutors' Office (Chief Prosecutor Chae Hee-man) announced that they conducted a search and seizure at the Bithumb Holdings office and Lee Sang-jun's residence on the 13th.


According to the prosecution, Lee is suspected of receiving listing fees in exchange for listing domestic cryptocurrencies on Bithumb.


Bithumb Holdings is the major shareholder of Bithumb Korea, which operates Bithumb.


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