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Chief of Bithumb crypto exchange faces prison, company fine in South Korea over data breaches that led to user losses

By Wooyoung Lee ( December 23, 2019, 09:18 GMT | Insight) -- South Korean prosecutors have recommended one-year prison term for the chief of BTC Korea.com, which operates the country's leading cryptocurrency exchange Bithumb, and fines of 20 million won ($17,182) on the company for allegedly failing to take necessary measures to prevent massive data leaks in 2017.South Korean prosecutors have recommended one-year prison term for the chief of BTC Korea.com, which operates the country's leading cryptocurrency exchange Bithumb, and fines of 20 million won ($17,182) on the company for allegedly failing to take necessary measures to prevent massive data leaks in 2017....

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