TechFlow news, December 30 — According to South Korean media outlet Newsis, on the 30th, Bithumb, a South Korean virtual asset exchange, responded regarding the recent first-instance conviction of Lee Sang-joon, former CEO of Bithumb Holdings, on charges of breach of trust and bribery related to listings. The exchange stated, "We will reconfirm the transparency and fairness of our listing review process and continue making improvements."
Bithumb said that the two virtual assets mentioned in the trial were never listed on Bithumb. It also confirmed that these assets were never submitted to the Listing Review Committee for evaluation.
A Bithumb representative emphasized, "Our listing procedures are conducted through an independent Listing Review Committee that includes external experts," adding, "This is not a structure where individual employees or specific individuals can exert influence."
The representative added, "The listing process maintains and strengthens fairness through a unified application channel on the official website and rigorous internal reviews."
