{"id":28356,"date":"2020-09-08T14:45:25","date_gmt":"2020-09-08T11:45:25","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=28356"},"modified":"2025-08-27T11:15:49","modified_gmt":"2025-08-27T08:15:49","slug":"police-carry-out-second-raid-on-bithumb-offices","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/police-carry-out-second-raid-on-bithumb-offices\/","title":{"rendered":"Police carry out second raid on Bithumb offices"},"content":{"rendered":"<p>The Criminal Investigation Division of the Seoul Metropolitan Police Agency conducted a second raid on Bithumb offices in a month, <a href=\"https:\/\/www.seoul.co.kr\/news\/newsView.php?id=20200907500164\" target=\"_blank\" rel=\"noopener noreferrer\">Seoul Shinmun<\/a> reports.<\/p>\n<p>The first raid on the exchange&#8217;s headquarters was <a href=\"https:\/\/u1f987.com\/en\/news\/police-raid-at-the-office-of-south-koreas-bitcoin-exchange-bithumb\">carried out<\/a> on September 2.<\/p>\n<p>A police spokesperson said the new searches are aimed at finding additional evidence related to previously alleged charges against Bithumb chairman Lee Cheon-hoon.<\/p>\n<p>The beneficiary owner of Bithumb Holdings and operator of Bithumb Korea is suspected of fraud related to the BXA token sale, which caused losses of about 30 billion won ($25 million) to investors.<\/p>\n<p>The target of the second raid was the offices of Bithumb Holdings, the parent company of Bithumb Korea, police said.<\/p>\n<p>In 2019 the exchange posted net profit of $30.5 million. In June it emerged that Bithumb planned to conduct an IPO.<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forklogfeed\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog Feed<\/a> \u2014 the full news feed, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Criminal Investigation Division of the Seoul Metropolitan Police Agency conducted a second raid on Bithumb offices in a month, Seoul Shinmun reports.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[973,1444,1472],"class_list":["post-28356","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bithumb","tag-law-enforcement","tag-search"],"aioseo_notices":[],"amp_enabled":true,"views":"29","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/28356","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=28356"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/28356\/revisions"}],"predecessor-version":[{"id":28357,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/28356\/revisions\/28357"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=28356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=28356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=28356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}