Bithumb
South Korea fines Bithumb $24 million, orders 6-month partial suspension over money laundering violations
The fine stems from approximately 6.65 million violations related to KYC and transaction restrictions.
Bithumb faces proposed 6-month partial ban over South Korea AML breaches
The suspension, according to local media reports, would only restrict virtual asset transfers for newly registered users, not affecting existing customer operations.
Dual South Korean listings send Ethereum layer-2 token AZTEC surging 82%
Korean exchanges Upbit and Bithumb both added local currency pairs for the privacy-focused layer-2 token, triggering a sharp move in a thinly traded market.
Bithumb admits to ‘serious flaws’ that left internal systems vulnerable to potential sabotage
The South Korean crypto exchange’s CEO Le Jae-won said the lack of proper controls led to the erroneous transfer of bitcoin worth more than $40 billion to customers. Most has been recovered.
Bitcoin crashed to $55,000 on Bithumb after exchange accidentally airdropped users 2,000 BTC
An internal reward distribution mistake briefly sent bitcoin prices sharply lower on South Korea’s Bithumb exchange after users were mistakenly credited with large phantom balances.
South Korea Tells Crypto Firms to Stop Launching New Lending Products as Leverage Risk Builds
Regulators froze new lending products after forced liquidations and market distortions, but some analysts say improvements, not shutdowns, are the smarter path forward.
Bithumb to Split in 2 as Crypto Exchange Inches Toward South Korean IPO
A filing on the country's corporate registry shows the exchange registered a new entity in preparation for an IPO.
Crypto Exchange Bithumb Raided by South Korean Prosecutors Over Embezzlement Allegations: Report
Investigation centers on claims that Bithumb helped a former CEO finance an apartment
Dogecoin Craze Grips Korea, Fuels Price Premium on Local Giants Upbit and Bithumb
DOGE's price has surged 78% since Trump's election win a week ago.
Crypto Exchange Bithumb Weighs U.S. Nasdaq Listing: Report
Late last year, the South Korean cryptocurrency exchange was reported to be considering listing its shares on Kosdaq.
