• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

Korea investigates Bithumb for suspected tax evasion

189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

South Korea prepares to test digital currency for citizens

South Korea prepares to check digital currency for citizens

November 23, 2023
HECO Chain of Cooperative (Huobi) is suspected of being hacked for $85 million

HECO Chain of Cooperative (Huobi) is suspected of currently being hacked for $85 million

November 22, 2023

South Korea’s National Tax Service (NTS) just performed a “special investigation” into Bithumb Korea and Bithumb Holdings.

Korea investigates Bithumb for suspected tax evasion

According to the information company YohapNTS personnel searched Bithumb’s workplace in Gangnam (South of Seoul), in buy to come across and seize proof for investigation.

Sources stated NTS tax authorities suspect Bithumb Korea, Bithumb Holdings and its affiliates of dishonestly reporting cash flow and other tax evasions by way of domestic and overseas transactions.

But this is not the initially time Bithumb deal with tax investigations. NTS employed to tap the shoulders of the corporation in 2018 and confiscated 80 billion won ($64 million) in cash flow taxes.

Despite reaching extra than $one trillion in trading volume, Bithumb would seem to be struggling for many years. Recently, Bithumb’s workplace was also raided for small business functions Terraform Labs survey soon after The historic collapse of the Earth ecosystem. In 2020, Bithumb also acquired concerned in some lead toeven had The rumor is coming to Huobi.

By the finish of July 2022, there was also facts that Bithumb will quickly be in the hands of FTX, but it seems that the deal has “scuttled” due to the fact FTX went bankrupt. At the time, the platform had extra than eight million consumers and dealt with an normal transaction volume of roughly $569 million.

Bithumb Holdings also just lately attracted awareness with a lawsuit towards former chairman Lee Jung-Hoon, who was acquitted of $one hundred million fraud expenses. South Korean prosecutors also questioned Kang Jong-hyun, a further former Bithumb chairman, and his sister Kang Ji-yeon about a relevant embezzlement situation.

Synthetic currency68

Maybe you are interested:

Maybe you are interested:

Tags: BithumbevasioninvestigatesKoreasuspectedtax
Share76Tweet47

Related Posts

Tether and Bitfinex Transfer $2B Bitcoin to Twenty One Capital

by shark
June 3, 2025
0

Cryptocurrency giants Tether and Bitfinex transfer $2 billion in Bitcoin to Twenty One Capital.

Tether, TON Foundation Launch Omnichain Gold Stablecoin XAUt0

by shark
June 3, 2025
0

Tether and the TON Foundation unveil XAUt0, a gold-backed stablecoin, leveraging omnichain interoperability to enhance liquidity and expand blockchain reach.

Robinhood Completes $200M Bitstamp Acquisition, Expands Crypto Reach

by shark
June 3, 2025
0

Robinhood acquires Bitstamp for $200M, expanding its global crypto business into institutional services.

WLFI’s USD1 Stablecoin Achieves $10B Transfer Milestone

by shark
June 3, 2025
0

WLFI's stablecoin USD1 surpasses $10 billion in transfers 10 days post-Binance listing.

Reitar Logtech Plans $1.5B Bitcoin Investment

by shark
June 3, 2025
0

Hong Kong's Reitar Logtech plans a $1.5B Bitcoin investment to diversify assets and expand logistics technology.

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • Tether and Bitfinex Transfer $2B Bitcoin to Twenty One Capital
  • Tether, TON Foundation Launch Omnichain Gold Stablecoin XAUt0
  • Robinhood Completes $200M Bitstamp Acquisition, Expands Crypto Reach
  • WLFI’s USD1 Stablecoin Achieves $10B Transfer Milestone
  • Reitar Logtech Plans $1.5B Bitcoin Investment
  • VanEck Highlights Bitcoin Quantum Computing Threat Concerns
  • Ethereum Foundation Announces Team Layoffs and Structural Changes
  • Justin Sun Leads TRON DAO at Bitcoin Vegas 2025 Event
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7