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The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.

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Former Bithumb Chairman Lee Jung-Hoon Acquitted in $100M Fraud Case

Lee Jung-Hoon, former chairman of Bithumb, has been acquitted in a $100 million fraud case related to the non-listing of the BXA token, highlighting challenges in crypto industry legal cases.

by Rebeca Moen
Jan 19, 2024

CRYPTOCURRENCY

Former Bithumb Chairman Lee Jung-Hoon Acquitted in $100M Fraud Case

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