Express

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

Last Update:

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

Related Articles

  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 3 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 10 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 12 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 14 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 17 days ago

    • You need to login to comment.