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Former Chairman of Bithumb Holdings Lee Jung-Hoon Acquitted of Fraud Charges

Katie Lin

Summary: Former chairman of Bithumb Holdings Lee Jung-Hoon has been found not guilty of an alleged fraud of $100 million, according to reports by CoinDesk Korea. Lee had been indicted in 2021 for stealing an acquisition deposit in an acquisition deal with BK Medical Group. In a recent hearing, the court ruled that the claims were ...

Former chairman of Bithumb Holdings Lee Jung-Hoon has been found not guilty of an alleged fraud of $100 million, according to reports by CoinDesk Korea.

Lee had been indicted in 2021 for stealing an acquisition deposit in an acquisition deal with BK Medical Group.

In a recent hearing, the court ruled that the claims were not credible.

Those who are dissatisfied with the result may file an appeal within a week, the report said.

Author: Katie Lin

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Link: Former Chairman of Bithumb Holdings Lee Jung-Hoon Acquitted of Fraud Charges   [Copy]
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