Friday, January 14, 2022
  • PRESS RELEASE
  • ADVERTISE
  • CONTACT US
BVC Crypto News
Advertisement
  • Home
  • News
    • Crypto News
    • Exchanges News
    • Blockchain News
    • Bitcoin News
    • Ethereum News
    • Altcoin News
    • Litecoin News
    • Ripple News
  • Analysis
    • Market Analysis
    • Price Analysis
  • Startups
  • Fintech
  • Technology
  • Regulation News
  • Live Prices
No Result
View All Result
  • Home
  • News
    • Crypto News
    • Exchanges News
    • Blockchain News
    • Bitcoin News
    • Ethereum News
    • Altcoin News
    • Litecoin News
    • Ripple News
  • Analysis
    • Market Analysis
    • Price Analysis
  • Startups
  • Fintech
  • Technology
  • Regulation News
  • Live Prices
No Result
View All Result
BVC Crypto News
No Result
View All Result
Home Regulation News

South Korean police seize Bithumb shares in third raid this month

by BVC Crypto News
September 16, 2020
in Regulation News
2 min read
0
Share on FacebookShare on Twitter



South Korea’s largest cryptocurrency trade Bithumb has been raided by the Seoul Metropolitan Police for the third time this month, in keeping with a report in a neighborhood media outlet. 

Through the Sep. 16 raid, police reportedly seized quite a lot of shares in Bithumb Holdings belonging to Bithumb Korea Director Kim Byung-Geon. The seizure motion was granted by the Seoul Central District Courtroom on Sep. 14.

Kim had been unsuccessfully attempting to amass Bithumb, and had been sued within the course of. He had beforehand filed an software for the seizure of a major variety of shares belonging to Chairman Lee Jung-Hoon, the bulk shareholder.

The most recent police raid on the trade is the third this month following an initial raid on Sep. 2 and a further raid on Sep. 7 over an alleged main monetary fraud round Bithumb’s native BXA token.

By promotion of the token, which has by no means been launched or listed, Lee reportedly bought concerned in a fraud inflicting $25 million price of investor damages.

In keeping with trade sources, Samjong KPMG, which is the supervisor of the sale of Bithumb, earlier this month accomplished a letter of intent (LOI) stating that it deliberate to promote its personal stake in Bithumb Holdings.

That is believed to have been preempted by the raids earlier this month and the continued authorized dispute between Kim and Lee.



Source link

Share76Tweet47

Related Posts

Monetary establishment of Jamaica completes first CBDC pilot

by BVC Crypto News
January 3, 2022
0

The Monetary establishment of Jamaica (BoJ) has successfully achieved its f central monetary establishment digital abroad commerce (CBDC), concentrating...

President Bukele predicts Bitcoin $100okay rally, additional authorized adoption and extra

by BVC Crypto News
January 2, 2022
0

Final yr, El Salvador turned the first country to adopt Bitcoin as legal tender beneath Bukele’s presidency as a...

How the Democratic Social gathering didn’t cease worrying and fearing crypto in 2021

by BVC Crypto News
January 1, 2022
0

As 2022 is kicking off, America nears the primary anniversary of Joe Biden’s presidency. Following the tenure’s bold begin,...

Indian taxman recovers $6.62M from WazirX for evading tax on fee

by BVC Crypto News
January 1, 2022
0

Indian crypto trade WazirX has reportedly paid over $6.62 million (49.2 crore rupees) following non-payment of Items and Providers...

Estonia’s new AML legal guidelines set to clamp down on crypto business

by BVC Crypto News
December 31, 2021
0

Starting in February, Estonia is ready to introduce sweeping modifications to its definition of Digital Asset Service Suppliers, or...

Load More

Recent Updates

Nexo co-founder targets Bitcoin at $100Okay by mid-2022

January 4, 2022

An Overview of Worthpad, the Gateway to Digital Asset Investments | by The Capital | The Capital | Jan, 2022

January 4, 2022

China’s central monetary establishment releases pilot mannequin of digital yuan pockets

January 4, 2022

Coinbase exec says foremost Ethereum scaling enhancements coming shortly

January 4, 2022

South Korean blockchain safety agency Uppsala expands into NFT custody residence » CryptoNinjas

January 4, 2022

Ethereum will completely different the worldwide app financial system

January 3, 2022

Ethereum will assorted the worldwide app financial system

January 3, 2022

Bitcoin is new gold for millennials, Wharton finance professor says

January 3, 2022

Slim Shady buys Bored Ape ‘EminApe’ NFT for $460Okay

January 3, 2022

Monetary establishment of Jamaica completes first CBDC pilot

January 3, 2022
BVC Crypto News

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at BVC Crypto News.

No Result
View All Result

Categories

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Crypto News
  • Ethereum News
  • Exchanges News
  • Fintech
  • Follow Up
  • In Depth
  • Litecoin News
  • Market Analysis
  • Opinion
  • Price Analysis
  • Quiz
  • Regulation News
  • Ripple News
  • Scam Alert
  • Startups
  • Technology
  • Uncategorized

Useful Links

  • Market Analysis
  • Price Analysis
  • Regulation News
  • Opinion
  • Scam Alert
  • Follow Up
  • In Depth
  • Quiz

Nexo co-founder targets Bitcoin at $100Okay by mid-2022

January 4, 2022

An Overview of Worthpad, the Gateway to Digital Asset Investments | by The Capital | The Capital | Jan, 2022

January 4, 2022
  • Home
  • Disclaimer
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

© 2022 BVC Crypto News. All Rights Reserved.

No Result
View All Result
  • Home
  • News
    • Crypto News
    • Exchanges News
    • Blockchain News
    • Bitcoin News
    • Ethereum News
    • Altcoin News
    • Litecoin News
    • Ripple News
  • Analysis
    • Market Analysis
    • Price Analysis
  • Startups
  • Fintech
  • Technology
  • Regulation News
  • Live Prices

© 2022 BVC Crypto News. All Rights Reserved.

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT