Bithumb's former chairman Lee Jung-hoon, involved in a 100 billion won fraud case, was acquitted in the first trial

ChainCatcher news, according to the Korea Economic Daily, the Seoul Central District Court's criminal division has acquitted former Bithumb chairman Lee Jung-hoon in the first trial of a case involving 100 billion won in fraud.

Earlier in October, it was reported that the Korean prosecution requested the court to sentence Bithumb's actual owner Lee Jung-hoon to 8 years in prison. (source link)