• News
    • Bitcoin
    • Altcoins
  • NFT
  • Metaverse
  • Analysis
  • Regulation
  • Learn
  • Market Cap
What's Hot

Meta Unveils Next-Gen AI Tools and Digital Companions for the Metaverse

2023-09-28

What Is Toncoin (TON)? Everything You Need To Know

2023-09-28

Valentino Rossi Steps into The Sandbox with ValeVerse

2023-09-27
Facebook Twitter Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
Facebook TikTok Instagram YouTube
CryptoNewsMetaverse
  • News
    • Bitcoin
    • Altcoins
  • NFT

    U.S. IRS Considers Taxing NFTs Like Other Collectibles

    2023-03-21

    Meta Shuts Down NFT Project to Focus on FinTech and Content

    2023-03-14

    Solana’s Solend V2 Release, Is SOL Price $50 Next?

    2023-03-06

    Amazon NFT Marketplace To Reportedly Launch Next Month

    2023-03-06

    Blur Coin Under Fire As Allegations Of Wash Trading Emerge

    2023-03-01
  • Metaverse

    Meta Unveils Next-Gen AI Tools and Digital Companions for the Metaverse

    2023-09-28

    Valentino Rossi Steps into The Sandbox with ValeVerse

    2023-09-27

    Opportunities for Artists and Creators at Decentraland Music Festival 2023

    2023-09-26

    Hitachi Leverages Metaverse and VR for Next-Generation Workforce Training

    2023-09-25

    Upland and KABOOM! Unite to Address Playspace Inequity

    2023-09-22
  • Analysis

    DOJ Officially Seizes Over $456,000,000 Worth of Robinhood Shares Tied to FTX Founder Sam Bankman-Fried

    2023-01-08

    Mark Cuban Makes Prediction on Next Crypto ‘Scandal,’ Warns of Potential Implosion if Exposed: Report

    2023-01-08

    Binance Listings Cause Crypto Assets To Spike an Average of 41%: New Research

    2023-01-08

    Bitcoin Whales Unloaded BTC As Market Reversed and Parked Their Profits in This Crypto Asset Class: Santiment

    2023-01-07

    Crypto Analyst Predicts Breakout for AI-Focused Altcoin, Updates Outlook on Ethereum and Lido DAO

    2023-01-07
  • Regulation

    Ripple files motion to block SEC appeal attempt

    2023-09-04

    JP Morgan believes SEC will be forced to approve ETFs after losing case against Grayscale

    2023-09-03

    Ripple Files Motion To Oppose SEC Appeal Over Landmark XRP Ruling

    2023-09-03

    U.S. SEC Punts on Bitcoin (BTC) Spot Exchange-Traded Fund Approvals, Delays Decisions Until October

    2023-09-02

    Navigating the significance of legal opinions in the crypto sphere

    2023-09-02
  • Learn

    What Is Toncoin (TON)? Everything You Need To Know

    2023-09-28

    What is NBA Top Shot? A Beginner’s Guide

    2023-09-22

    What Are Bridges in Crypto? Cross-Chain Bridges, Explained – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

    2023-09-21

    SingularityNET (AGIX) Price Prediction 2023 2024 2025

    2023-09-18

    What Are Altcoins? Best Altcoins to Buy  – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

    2023-09-08
  • Market Cap
CryptoNewsMetaverse
Home»Bithumb’s largest shareholder executive found dead following allegations of embezzlement

Bithumb’s largest shareholder executive found dead following allegations of embezzlement

2022-12-31No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Mr. Park Mo, the vice president of Vidente, the largest shareholder of South Korean Cryptocurrency exchange Bithumb,was reportedly found dead in front of his home at 4 am, on the morning of Dec. 30. 

Prior to his death, Mr. Mo had been named as a primary suspect in an investigation launched by South Korean prosecutors for his alleged involvement in the embezzling funds at Bithumb-related companies, as well as, manipulating stock prices.

In October 2021, the Financial Investigation Division of the Seoul Southern District Prosecutor’s Office launched an investigation into allegations made against Mr. Park Mo, which led to the seizing of Bithumb-affiliated companies such as Vident, Inbiogen, and Bucket Studio. 

Vident, a KOSDAQ-listed company, is known to be Bithumb’s largest shareholder and holds a 34.22% stake in the cryptocurrency exchange. 

According to Money Today, the vice president of Vidente, the largest shareholder of South Korean cryptocurrency exchange Bithumb, committed suicide by jumping off a building while being investigated by South Korean prosecutors, suspected of corruption and price manipulation.

— Wu Blockchain (@WuBlockchain) December 30, 2022

It is suspected that Mr. Mo may have taken his own life due to the nature of the criminal allegations that had been brought against him.

Related: Amber Group’s co-founder Tiantian Kullander passes away at 30

Within the past three months, the number of deaths within the cryptocurrency community has been notable. 

On Nov 1, Cointelegraph reported that Nikolai Mushegian, the co-founder of the cryptocurrency lending platform MakerDAO and the decentralized Dai (DAI) stablecoin, was found dead in Puerto Rico at the age of 29. 

On Nov. 23, Amber Group’s co-founder Tiantian Kullander, also known as “TT,” unexpectedly passed away in his sleep at the age of 30, leaving behind a wife and son.

The Russian billionaire Vyacheslav Taran, president of Libertex Group and founder of Forex Club, also died on Nov. 25 in a helicopter crash in France while en route from Lausanne, Switzerland to Monaco. He was 53 years old.

Source link

allegations Bithumbs Dead embezzlement Executive Largest Shareholder
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Apecoin Sees 15% Drop, Largest Among Major Metaverse Coins

2023-08-27

Sam Bankman-Fried Pushes Back Against Witness-Tampering Allegations in New Court Filing Amid Threat of Detention

2023-08-03

Coinbase Executive Issues Warning, Says Macro Factors Threatening Crypto Markets – Here’s His Outlook

2023-07-30

Federal Prosecutors Probing Former FTX Executive and Girlfriend for Potential Campaign-Finance Violations: Report

2023-07-11
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Coin Bureau Says DeFi Making Comeback As Uniswap, Aave, THORChain and Two Additional Altcoins Overperform

2022-07-15

Magic Eden Tease Details of a $1M Creator Monetization Hackathon

2022-10-17

Binance employees to adhere to 90-day period prior to trading

2023-01-10

Subscribe to Updates

Get the latest news and Update from Cryptonewsmetaverse.com about Crypto, Metaverse and NFT.

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, NFT, Metaverse and more.

We're social. Connect with us:

Facebook Instagram YouTube TikTok
Top Insights

Meta Unveils Next-Gen AI Tools and Digital Companions for the Metaverse

2023-09-28

What Is Toncoin (TON)? Everything You Need To Know

2023-09-28

Valentino Rossi Steps into The Sandbox with ValeVerse

2023-09-27
Get Informed

Subscribe to Updates

Get the latest news and Update from Cryptonewsmetaverse.com about Crypto, Metaverse and NFT.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
© 2023 Cryptonewsmetaverse.com. Designed by ProdigitalX.

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$26,920.00-0.71%
  • ethereumEthereum(ETH)$1,664.470.43%
  • USDEXUSDEX(USDEX)$1.07-0.53%
  • tetherTether(USDT)$1.00-0.10%
  • binancecoinBNB(BNB)$215.550.15%
  • rippleXRP(XRP)$0.534.56%
  • usd-coinUSDC(USDC)$1.00-0.15%
  • Lido Staked EtherLido Staked Ether(STETH)$1,665.230.48%
  • dogecoinDogecoin(DOGE)$0.0619610.93%
  • cardanoCardano(ADA)$0.2490130.27%