Bithumb – DIGIT INFO

South Korea Police Detain Bithumb CEO Lee Jae-won as Bribery Probe Widens After Raid

DIGIT — Sat, 13 Jun 2026 10:30:12 +0000

South Korean police have named Bithumb CEO Lee Jae-won as a suspect in an ongoing bribery probe, upgrading his status from a witness. Allegations of Job Solicitation South Korean police have detained the CEO of cryptocurrency exchange Bithumb as a suspect in an ongoing bribery investigation involving allegations of preferential hiring for the son and […]

Go to Source

South Korean Traders Push Bitcoin Into Its Deepest Discount Since 2021

DIGIT — Sat, 06 Jun 2026 17:10:43 +0000

As bitcoin slipped to a 2026 low of $59,100, market data reveals that BTC priced against the South Korean won has been changing hands at a discount. In fact, the Kimchi premium has vanished, and bitcoin has been trading below global market prices in South Korea for nearly a month. Nearly a Month of Discounts […]

Go to Source

Seoul Court Rescues Bithumb from Record 6-Month Suspension

DIGIT — Sat, 02 May 2026 22:30:41 +0000

A Seoul court has temporarily halted a six-month partial business suspension imposed on South Korean crypto exchange Bithumb, dealing a significant legal setback to the country’s financial regulator just weeks after a similar ruling went against it in the Upbit case. Key Takeaways: Seoul’s court halted Bithumb’s 6-month FIU suspension on April 30, allowing the […]

Go to Source

South Korea Fines Bithumb $25M and Orders 6-Month Partial Suspension Over AML Violations

DIGIT — Mon, 16 Mar 2026 13:15:30 +0000

South Korean regulators have imposed a roughly $25 million fine and a six-month partial business suspension on crypto exchange Bithumb after finding millions of anti-money-laundering and identity-verification violations. Bithumb Sanctioned by South Korean FIU Over Identity Verification Failures Reports note that South Korea’s Financial Intelligence Unit (FIU), operating under the Financial Services Commission, finalized sanctions […]

Go to Source

Bithumb’s Accidental $44 Billion Bitcoin Overpayment Triggers Sudden Inspection, Scrutiny of Internal Controls

DIGIT — Wed, 11 Feb 2026 11:30:39 +0000

South Korea’s Financial Supervisory Service launches a formal inspection of Bithumb over a $44 billion bitcoin overpayment accident and possible custody and control failures. The Financial Supervisory Service (FSS) escalates a field review to a formal inspection of Bithumb in Seoul in early February 2026, adding personnel to probe how roughly 620,000 bitcoins were paid […]

Go to Source

South Korean Financial Regulator to Probe Crypto Market Manipulation, Impose Penalties for IT Failures

DIGIT — Mon, 09 Feb 2026 11:30:50 +0000

South Korea’s Financial Supervisory Service announced a planned targeted investigation into high‑risk crypto market manipulation tactics — including large “ whale” trades, exchange withdrawal halts used to rig prices, API‑based manipulation, and coordinated social‑media misinformation. The regulator also said it will develop artificial intelligence (AI) analytics to detect suspicious rapid price spikes and suspect groups, […]

Go to Source

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

DIGIT — Sun, 08 Feb 2026 10:30:30 +0000

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 acted to restrict trading and withdrawals, claiming to have recovered 99.7% of the erroneously distributed cryptocurrency within 35 minutes of the incident. The exchange emphasized that the mistake was not caused […]

Go to Source

Upbit Towers Over Rivals as South Korea’s Primary Crypto Liquidity Hub, Research Finds

DIGIT — Sun, 18 Jan 2026 22:40:51 +0000

Liquidity on South Korea’s cryptocurrency exchanges looks deceptively simple on the surface, but Kaiko Research finds that beneath the headline volumes lies a far more nuanced—and occasionally unforgiving—market structure. South Korea’s Crypto Liquidity Is Complicated—Kaiko Research Explains Why In its report, “The State of Liquidity on Korean Crypto Markets,” Kaiko Research defines liquidity not as […]

Go to Source

BOB Skyrockets Over 120% After South Korea’s Bithumb Exchange Listing

DIGIT — Wed, 03 Dec 2025 07:55:56 +0000

Hybrid layer-2 blockchain Build on Bitcoin (BOB) experiences dramatic price surge following major korean cryptocurrency exchange debut. Hybrid Layer Two (L2) blockchain Build on Bitcoin (BOB) was listed on South Korean cryptocurrency exchange Bithumb on December 3, 2025, with its token price rising dramatically by over 120% immediately following the listing. The exchange will support […]

Go to Source

Report: South Korea’s Bithumb to Spin Off Non-Core Units Ahead of IPO

DIGIT — Tue, 22 Apr 2025 13:38:05 +0000

Bithumb is breaking itself in two as it races toward an IPO, carving out its exchange and investment units to streamline operations and court investors. Bithumb’s Corporate Split Sets Stage for IPO Local media reports that the South Korean cryptocurrency exchange Bithumb is restructuring its operations ahead of a planned initial public offering (IPO) in […]

Go to Source