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Former Bithumb Chairman Lee Jeong-hoon Faces 8-Year Prison Sentence in Appeal
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Former Bithumb Chairman Lee Jeong-hoon Faces 8-Year Prison Sentence in Appeal

Former Bithumb Chairman Lee Jeong-hoon faces fraud charges over botched deal with BK Group Chairman Kim Byung-gun, awaiting an 8-year sentence, impacting governance and crypto industry regulatory landscape.

Kakao Affiliates Face Probe Over Crypto Misappropriation Allegations
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Kakao Affiliates Face Probe Over Crypto Misappropriation Allegations

Prosecution delves into allegations of cryptocurrency embezzlement & breach of trust against ex-Kakao chairman & affiliate executives, marking the start of a formal inquiry with the examination of the complainant on Oct 11.

South Korean Shared Workspace Company Turns to a Blockchain-Powered Real Estate Platform
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South Korean Shared Workspace Company Turns to a Blockchain-Powered Real Estate Platform

Sparkplus, a South Korean office sharing company, has announced a partnership with tech startup Kasa Korea for a blockchain-enabled real estate funding platform. Through the strategic collaboration, Sparkplus seeks to revolutionize Seoul’s sharing economy through a decentralized network that would enable people without much money to collectively and indirectly fund real estate.

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