Bithumb Documents Implicate Ex-CEO Lee in Crypto Listing Scandal

Bithumb's internal documents point to the former CEO, Lee Sang-joon, as having played a role in decisions regarding the listing of cryptocurrencies on the platform.

Records indicate that Lee, along with former Bithumb Korea CEO Heo Baek-young and the former chairman of Bithumb's token listing review committee, may have influenced the listing of Dogecoin (DOGE) and Klaytn (KLAY).

Despite Lee's denial of involvement, the internal documents suggest otherwise, raising doubts about his claims.

Prosecutors have presented these documents as evidence against Lee, who faces charges related to cryptocurrency listings on the platform.