Reporters Investigate Bithumb’s Real Owners
Bithumb, one of South Korea's largest cryptocurrency exchanges, stays under the limelight. Prosecutors probing similar claims raided three of his other businesses earlier this month. The TV documentary will investigate the fallout from a bungled $350 million purchase of Bithumb by a Singapore-based plastic surgery business in 2018. The same consortium's token sparked controversy when it seemed to abandon its intentions to sell the currency, leaving hundreds of investors out of pocket. Politicians will also weigh in, with a National Assembly committee scheduled to examine domestic crypto industry participants today.
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