South Korean police seize Bithumb shares in third raid this month By Cointelegraph


South Korean police seize Bithumb shares in third raid this month

South Korea’s largest cryptocurrency exchange Bithumb has been raided by the Seoul Metropolitan Police for the third time this month, according to a report in a local media outlet.

During the Sep. 16 raid, police reportedly seized a number of shares in Bithumb Holdings belonging to Bithumb Korea Director Kim Byung-Geon. The seizure action was granted by the Seoul Central District Court on Sep. 14.

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