The sentencing hearing is set for Dec. 20 and could see the former chairman of South Korean crypto exchange Bithumb behind bars for a maximum of eight years if found guilty.

bithumb, Lee Jung-hoon, Kim Byung Gun, fraud, crypto exchange, BXA, token listing, BK groupRead More

You might also be interested in reading UltraShort Bitcoin ETF Offering 2x Inverse Returns Sees Record Volume as BTC Holds Above $90K.