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Bithumb Wins Temporary Lifeline as Court Halts Six-Month Ban

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Bithumb Wins Temporary Lifeline as Court Halts Six-Month Ban

Dark Mode Toggle Ball Crypto News Today Market Updates Margin Trading Guides Videos Price Analysis BTC Analysis ETH Analysis XRP Analysis Bitcoin For Beginners Interviews Editorials DeFi & NFT Buy Crypto Language Bulgarian Turkish Spanish © Copyright CryptoPotato Home » Crypto News A South Korean court has temporarily halted the six-month partial business suspension imposed on crypto exchange Bithumb, offering relief to the platform as it challenges regulatory action. The Seoul Administrative Court’s Second Administrative Division, led by Judge Gong Hyeon-jin, approved Bithumb’s request for a stay of execution on the same day it was filed, and has effectively paused the sanction until a final court decision is reached. The suspension had been ordered in March by the Financial Intelligence Unit (FIU), which also levied a fine of 36.8 billion won ($24.6 million), although it remains unclea

Source: https://cryptopotato.com/bithumb-wins-temporary-lifeline-as-court-halts-six-month-ban/

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