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Former Bithumb chairman faces eight-year prison sentence

Lee Jeong-hoon, former Bithumb Chairman, faces an eight-year prison term. Prosecutors assert Lee misled Kim about joint Bithumb management, BXA Coin listing, and restructuring to evade financial regulations. The January…

Interactive Brokers’ chairman on bitcoin: ‘it’s worth nothing but I own some’

Thomas Peterffy owns bitcoin for an unusual reason. He says crypto activity at IBKR has been very slow. BTC is trading well below the $30,000 level today. Interactive Brokers –…