Bithumb's CEO has been booked as a suspect in a bribery case in South Korea. This development adds to the ongoing regulatory pressure on cryptocurrency exchanges in the country.
The booking of Bithumb's CEO comes after regulators have been targeting exchange leadership in probes that date back to last year's enforcement actions.
According to reports, this is not the first legal case involving Bithumb's CEO. The development highlights the persistence of bribery scandals in South Korea's cryptocurrency industry.