Bithumb don get raided again as investigation into hiring bribe wey involve Kim Byung-ki son dey spread

Seoul polis don do second raid for Bithumb headquarters as dem dey carry out anti-corruption probe wey involve lawmaker Kim Byung-ki. Investigators from Seoul Metropolitan Police Agency visit Bithumb Gangnam office plus another site, extend the scrutiny wey start with the first search on Feb 24, 2026 and later witness calls for April. Police dey allege say Kim use im position to help im second son get job for Bithumb. Reports talk say the hiring requests bin dey between Sep–Nov 2024, the son start early Jan 2025, and e work there for about six months. The case still dey look possible governance pressure: officers dey check if Kim parliamentary activities and questions to Dunamu (operator of Upbit) relate to the employment arrangement. The probe cover 13 suspicions, including alleged nomination bribery. Kim don been summoned around seven times for nine months, but police talk say the investigation never finish. Bithumb deny any wrongdoing and say the hiring follow normal procedures. No formal charges don file yet. For crypto traders, the main takeaway na say Bithumb still face regulatory and legal headline risk wey link to governance and employment—this uncertainty fit cause short-term sentiment volatility. Note: this criminal probe separate from the earlier Feb. 2026 platform error wey briefly credit accounts with about 620,000 BTC.