Prosecutors have launched a search and seizure of Bithumb-related companies such as Inbiogen and Vident in connection with the alleged embezzlement of the largest shareholder and the management of the virtual asset exchange ‘Bithumb’.
According to the legal community on the 7th, the Financial Investigation Division of the South Seoul District Prosecutor’s Office 2 (Chief Prosecutor Chae Hee-man) sent prosecutors and investigators to Inbiogen, Vident, and Bucket Studio on the same day to conduct a search and seizure. Bithumb is known to be exempt from the search and seizure target.
Vident, a KOSDAQ-listed company, is Bithumb’s single largest shareholder with a 34.22% stake in Bithumb Holdings. The CEO of Inbiogen and Bucket Studio is called Kang Ji-yeon, the younger brother of Kang Jong-hyeon, who was recently rumored to be dating actor Park Min-young.
Bithumb said in a statement on the 30th of last month, “Since its establishment, we have never held the title of chairman except for former Chairman Kim, and there is no fact that Mr. ” He denied any ties to Kang Jong -hyun.
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