Bithumb’s suspected real owner has been arrested in South Korea on charges of market manipulation and embezzlement.
for the businessman on Jan. 25 with multiple charges, including dereliction of duty, market manipulation, and fraudulent transactions.
According to prosecutors, the brothers colluded to embezzle corporate funds and manipulate stock prices of Inbiogen and video production firm Bucket Studio through the issuance of convertible bonds.
France Dernières Nouvelles, France Actualités
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