The post Bithumb Lee Jung-hoon sentence for 8 year prison! appeared first on Coinpedia Fintech News
South Korean prosecutors have called for an eight-year prison sentence for Lee Jung-hoon, the former chairman of Bithumb, the country’s second-largest cryptocurrency exchange. Lee is accused of committing fraud worth approximately $85 million, according to Korean media outlet Decenter. The charges against Lee include embezzlement, breach of trust, and fraudulent financial reporting. The case is …