South Korea-based Busan Bank’s employee steals 1.4B won in customer funds to buy crypto

A foreign employee of South Korea-based Busan Bank stole roughly 1.48 billion won of customer funds and invested the money in crypto assets like Bitcoin (BTC), local media reported on August 1. Accord...

FTX in talks to buy South Korea-based Bithumb

Leading crypto exchange FTX is reportedly in talks to purchase South Korea-based Bithumb, Bloomberg News reported July 22. The two companies have reportedly been in talks for months, and there are ind...