South Korea Police Reportedly Raid Bithumb in Lawmaker Hiring Influence Probe

Cointelegraph Staff

(02:02 PM UTC)

1 min read

South Korean police have reportedly raided Bithumb as part of an investigation into alleged nepotism involving independent lawmaker Kim Byung-gi.

Kim allegedly attempted to influence employment opportunities for his son at multiple crypto firms, including Bithumb and Dunamu, the operator of rival exchange Upbit, according to a Monday report by News1.

Kim’s son joined Bithumb in January 2025 and…

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Cointelegraph Staff · Cointelegraph

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