Bithumb, the biggest cryptocurrency change in South Korea, is getting ready to shut a few of its workplaces as a result of ongoing COVID-19 pandemi
Bithumb, the biggest cryptocurrency change in South Korea, is getting ready to shut a few of its workplaces as a result of ongoing COVID-19 pandemic.
In response to an official announcement on Nov. 23, Bithumb shall be briefly suspending its offline assist middle in Gangnam to stop the unfold of COVID-19. Bithumb famous that the variety of home confirmed circumstances of the coronavirus illness has elevated, inflicting native authorities to undertake extra preventive measures.
Bithumb’s assist middle in Seoul shall be closed on Nov. 24 till additional discover. Within the meantime, Bithumb will function a web based buyer assist middle.
Bithumb has been actively posting on its weblog in latest months, however not one of the bulletins have touched upon a reported investigation concentrating on its executives. As reported, South Korean police performed not less than two raids on Bithumb’s workplaces in connection to the alleged fraud, whereas the corporate’s chairman Lee Jung-hoon was reportedly summoned for interrogation. Bithumb has not responded to any of Cointelegraph’s requests for remark.
As reported by Cointelegraph, the pandemic has had a significant affect on the blockchain and crypto trade to this point, apparently being one of many key causes behind Bitcoin’s (BTC) parabolic rise in 2020. In response to some trade executives, COVID-19 didn’t negatively affect the blockchain trade however drove elevated demand for blockchain innovation and adoption.