Former Bithumb Chairman Lee Jung-hoon Cleared of Fraud Charges... Supreme Court Confirms Not Guilty
Summary
- It was reported that former Bithumb Chairman Lee Jung-hoon has been confirmed not guilty of fraud charges by the Supreme Court.
- The report stated that with this Supreme Court ruling, the former chairman is now completely free from the trial.
- It was reported that the resolution of the former chairman's legal risks will be an important factor for investment decisions in the future.
Former Bithumb Chairman Lee Jung-hoon has been cleared of all fraud charges against him.
According to industry sources on the 13th, the Supreme Court has finalized a not guilty verdict for former Bithumb Chairman Lee Jung-hoon, who was indicted on charges of violating the Act on the Aggravation of Punishment for Specific Economic Crimes (fraud) and other charges.
Previously, the Seoul Central District Prosecutors' Office indicted Chairman Lee without detention in July 2021 on charges of violating the Act on the Aggravation of Punishment for Specific Economic Crimes (fraud) and other charges. However, both the first trial and the appeal ruled not guilty. With this Supreme Court's confirmation of not guilty on fraud charges, he is now completely free from the trial.
Suehyeon Lee
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