Tag: Bithumb

spot_img

South Korean Authorities Fine Bithumb $136K over Sharing User Information Overseas

South Korean cryptocurrency exchange Bithumb was order to pay a $136,000 fine after it was found to have breached personal information protections rules when...

South Korea Police Reportedly Raid Bithumb in Lawmaker Hiring Influence Probe

South Korean police have reportedly raided Bithumb as part of an investigation into alleged nepotism involving independent lawmaker Kim Byung-gi.Kim allegedly attempted to influence...

Bithumb Seeks Asset Freeze To Recover Bitcoin From $40B Error

South Korean crypto exchange Bithumb has begun legal action to recover bitcoin distributed in error during a February promotional event, escalating a...

Bithumb moves to seize assets over mistaken $8 million bitcoin dispute

South Korean cryptocurrency exchange Bithumb has asked a local court to freeze seven bitcoin BTC$71,307.30, worth roughly $8 million, that remain unreturned after a...

South Korea fines Bithumb $24 million, orders 6-month partial suspension over AML violations

Bithumb, one of South Korea's leading crypto exchanges, has been fined by the country's anti–money laundering and counter-terrorism financing agency.South Korea's Financial Intelligence Unit...

South Korea Fines Bithumb $24 Million Over AML Violations

South Korea’s Financial Intelligence Unit (FIU) has fined cryptocurrency exchange Bithumb 36.8 billion won ($24.6 million) and ordered a six-month partial suspension...

South Korea Hits Bithumb With $24.5M Fine Over AML Violations

South Korea has fined crypto exchange Bithumb 36.8 billion won (about $24.5 million) and imposed a six-month partial business suspension after finding widespread violations...

Bithumb faces proposed 6-month partial ban over South Korea AML breaches

South Korean cryptocurrency exchange Bithumb has received a preliminary notice of sanctions that could lead to a six-month partial business suspension, local media reports.The...

Bithumb Receives Business Suspension Notice for AML Violations

Bithumb, South Korea’s second-largest cryptocurrency exchange by trading volume, is reportedly facing a possible partial business suspension of up to six months as regulators...

Bithumb Bitcoin Blunder Sends $44 Billion To Users

South Korean crypto exchange Bithumb said it mistakenly distributed more than $40 billion worth of Bitcoin to customers during a promotional rewards...

Bithumb to write off $9 million in Bitcoin losses after giveaway gaffe – DL News

Finance regulators reportedly launch probe at Bithumb offices.Company to compensate traders affected by Bitcoin price drops.Bithumb mistakenly handed out $40 billion in Bitcoin.The...

South Korea’s Bithumb Exchange Accidentally Sends $44 Billion in Bitcoin to Users

South Korean cryptocurrency exchange Bithumb mistakenly distributed approximately 620,000 bitcoins, worth around $44 billion, to 695 customers during a promotional event. The company quickly...