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.
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 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 Bithumb. Prior to this, on October 7, related businesses like Vident were searched and assets were seized.
However, it was done by the Financial Investigation Division 2 of the Seoul South District Prosecutor’s Office (Chief Prosecutor Chae Hee-man).