South Korean Police Book CEO of Second-Largest Crypto Exchange Bithumb as Bribery Suspect

According to Yonhap, Seoul police have booked Bithumb CEO Lee Jae-won as a bribery suspect over allegations that he helped secure a job at Bithumb for the son of independent lawmaker Kim Byung-kee. Investigators are also examining whether Kim engaged in parliamentary activities benefiting Bithumb in return. The case remains under investigation.

via x.com/WuBlockchain

A job for the lawmaker's kid in exchange for favorable treatment from the lawmaker, allegedly. This isn't even creative corruption, it's the same arrangement your local zoning board runs on, just with a KYC portal slapped on top. So tired of these guys not even trying to be interesting about it.

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