Bithumb raided by Korean Police for the second time

September 8, 2020

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Bithumb has stayed calm regardless of the subsequent police attack over the span of seven days.

Bithumb, the biggest digital currency trade in South Korea, is apparently confronting more police attacks in Seoul.

The Seoul Metropolitan Police Agency has led extra pursuit and seizure checks at Bithumb’s home office in the Gangnam District on Sept. 7, neighborhood distribution Seoul Shinmun reports.

A police official purportedly said that the most recent examinations plan to make sure about extra proof identified with existing charges against Lee Jung-hoon, director of board at Bithumb Korea and Bithumb Holdings.

As detailed by reports, the leader is purportedly blamed for major budgetary misrepresentation including the BXA token. Advanced as Bithumb’s local token, BXA token has been never propelled or recorded. Through advancing BXA token, Jung-hoon purportedly engaged in a high scale extortion that supposedly caused speculator harms of 30 billion won ($25 million).

Image Courtesy : Pixabay

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