.BithumbOfficial is facing an investigation by South Korean authorities over possible tax evasion. By iamsandali
The National Tax Service is reportedly investigating possible tax evasion via domestic and international transactions of Bithumb Korea, Bithumb Holdings and affiliates. An official at the companyThis is the second time the crypto enterprise has been subject to a tax investigation in South Korea.
In 2018, Bithumb Korea wasBithumb Holdings recently made headlines over a case against its former chairman Lee Jung-Hoon, who wasSouth Korean prosecutors have also questioned Kang Jong-hyun, another former chairman at Bithumb, and his younger sister, Kang Ji-yeon over an embezzlement case involving related companies, Yonhap reported.Adds confirmation of the investigation as reported by CoinDesk Korea in the second paragraph.
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