South Korean regulators target Bithumb in new probe

South Korean regulators aim Bithumb in new probe

The South Korea-essentially based cryptocurrency change Bithumb is below a “particular tax investigation” by the nation’s National Tax Carrier (NTS), in accordance with native reports.

On Jan. 10, tax agents raided the change’s headquarters in the nation’s capital city Seoul as a component of a compliance investigation. Authorities are verifying the alternative of tax evasion by inspecting domestic and global transactions of Bithumb Korea, Bithumb Holdings and its affiliates.

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