According to ChainCatcher, South Korean cryptocurrency exchange Bithumb announced that regarding Bithumb Holdings' former CEO Lee Sang-joon being found guilty in the first instance for malfeasance related to token listings, the company 'will once again confirm the transparency and fairness of the transaction review process and continue to improve it.'
Bithumb stated that the two types of virtual assets mentioned in the court hearing have never been listed on Bithumb and confirmed that they have never been submitted to the listing review committee.
Bithumb representatives emphasized: 'The company's token listing process is conducted through an independent listing review committee involving external experts, which is not a structure that can be influenced by specific individuals, including relevant executives and employees. The listing process maintains and strengthens fairness through a unified application channel on the official website and strict internal reviews.'