[Breaking] Lee Jung-hoon of Bithumb, accused of 112 billion won fraud, found not guilty
[Asia Economy Reporter Kim Daehyun] The real owner of the cryptocurrency exchange Bithumb, who was indicted on charges of fraud involving 100 billion won, was acquitted in the first trial.
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On the afternoon of the 3rd, the Criminal Division 34 of the Seoul Central District Court (Chief Judge Kang Gyutae) acquitted Lee Jeonghoon, former chairman of the board of Bithumb Korea, who was charged with fraud under the Act on the Aggravated Punishment of Specific Economic Crimes.
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