South Korea
Digital Asset
Public Prosecutors' Office Raids Bithumb Headquarters...Investigates Allegations Over Former CEO's Apartment Purchase Funds
- An official from the Seoul Southern District Public Prosecutors' Office confirmed on October 29 that the case stems from an FSS complaint regarding funds provided for a former Bithumb CEO's apartment purchase.
- An initial raid on the same matter was carried out around March 20, 2025.
- Prosecutors obtained a new warrant and executed an additional search on October 29 to confirm further facts on certain outstanding issues.