Crypto Exchange Bithumb ‘Not Liable’ for Customer’s USD 401,000 Losses

The Supreme Court of Korea. The South Korean market-leading crypto exchange Bithumb has won its legal struggle against an investor who accused it of negligence, claiming he lost USD 401,000 in cash after a 2017 data breach. Per news agency Yonhap, a man identified only as “Mr. A” for legal reasons, alleged that he had been holding the KRW funds on the exchange, but

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