Governance & Power

DAO battles, insider control, token allocation scandals, and voting wars

Hire My Son, Target My Rivals: The Bribery Scandal Rocking South Korea’s Biggest Crypto Exchange

South Korean police have booked Bithumb CEO Lee Jae-won as a bribery suspect after investigators alleged a lawmaker demanded his son be hired at the exchange — then used his seat on the Financial Regulation Committee to target a rival. Two HQ raids, 13 suspicions, and a $24.5 million fine later, South Korea’s crypto corruption problem is impossible to ignore.

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