According to Korean media reports, the Seoul Metropolitan Police Agency's Public Crime Investigation Unit announced on June 11 that it has officially launched an investigation into Bithumb representative Lee Jae-won on suspicion of bribery. This marks the first time in South Korea that a current cryptocurrency exchange representative has been investigated by police for alleged bribery. Authorities stated that independent lawmaker Kim Byung-ki is suspected of requesting Bithumb to arrange a job for his second son and repeatedly raising aggressive policy inquiries targeting its competitor Dunamu (operator of Upbit) during the process. On June 8, police conducted a second raid and evidence collection at Bithumb's headquarters in Gangnam District, Seoul. https://www.(wublock123.com)/news/news-62604