Bithumb

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Bithumb is a South Korean cryptocurrency exchange.

History[edit]

In June 2017 hackers stole user information from a Bithumb employee's personal computer.[1]

In January 2018 Bithumb was raided by the government for alleged tax evasion.[2] They were found not guilty but still had to pay nearly $28 million in back taxes.[3]

In June 2018 about $32 million of cryptocurrency was stolen from Bithumb in a hack.[4]

In October 2018 BK Global Consortium signed a deal to buy a majority share of BTC Holding Co. which is Bithumb's largest investor.[5]

References[edit]

  1. ^ "One of the Biggest Ethereum and Bitcoin Exchanges Got Hacked". Fortune. July 5, 2017.
  2. ^ "Authorities raid South Korea's largest cryptocurrency exchanges". CNBC. January 10, 2018.
  3. ^ "Korea's No. 2 digital coin exchange Bithumb slapped with W30b taxes". The Investor. January 10, 2018.
  4. ^ "Korea's major crypto exchange Bithumb hacked; coins worth $32 million stolen". The Korean Times. June 20, 2018.
  5. ^ "Plastic Surgeon Buys $352 Million Stake in South Korea Crypto Exchange". Bloomberg. October 11, 2018.

External links[edit]