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TechFlow news — According to eToday, former Bithumb CEO Lee Jung-hoon has been indicted on charges of fraud involving 110 billion KRW, but the Fifth Criminal Division of the Seoul High Court has upheld the acquittal after the initial trial.
The court stated that, based solely on the evidence presented by the prosecution, it could not be established that the former chairman had committed to listing the coins.
Bithumb's former CEO Lee Jung-hoon has been indicted on charges of fraud amounting to 110 billion KRW, but the Fifth Criminal Division of the Seoul High Court upheld his acquittal after the initial trial. The court ruled that based solely on the evidence presented by prosecutors, it could not be established that the former chairman had committed to listing specific cryptocurrencies.
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