Korean Police

Korean authorities raid Bithumb crypto exchange again

South Korean police have reportedly raided Bithumb cryptocurrency exchange offices again in an additional seizure search according to The Seoul Newspaper. Much like the first raid that took place on 2 September, this second raid was also connected to seizing evidence for fraud allegation. However, this time the raid was conducted at the Bithumb Holdings...
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Court finds Bithumb ‘partially liable’ for 2017 hack

A judge in the Seoul Central District Court today announced a ruling regarding a lawsuit filed by three users of Bithumb Korea who claimed $126,000 and $38,000 for damages citing data leaks during a 2017 Bithumb hack. The ruling is said to hold Bithumb partially liable for the damages claimed by the users.  Local news...
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