The vice president of Vident, the biggest shareholder in the cryptocurrency exchange “Bithumb,” has been discovered dead. The prosecution was looking into allegations that the executive had stolen money from Bithumb affiliates. The local media reported this.
In Dongjak-gu, Seoul, Park Mo was found dead in front of his house. According to Seoul Dongjak Police Station, it happened on the morning of the 30th, at around four in the morning. However, police think Park made an extreme choice.
The Police official said,
“Through optometric and CCTV analysis at the site, there is no other possibility so far.”
Bithumb’s Shareholder was under investigation
The prosecution was looking into Park on allegations of embezzlement and stock price manipulation. With a 34.22% stake in Bithumb Holdings, Vident, a KOSDAQ-listed company, is Bithumb’s largest shareholder.
According to rumors, Mr. Park manages the accounting for brother and sister Mr. Kang, who was thought to be the real owner of B
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