CoinVoice has learned that the South Korean cryptocurrency exchange Bithumb announced that it will 'reconfirm the transparency and fairness of the trading review process and continue to improve' regarding the first-instance guilty verdict of former CEO Lee Sang-joon for malfeasance related to listing coins.

Bithumb stated that the two types of virtual assets mentioned in the court proceedings have never been listed on Bithumb and confirmed that they were never submitted to the coin listing review committee.

Bithumb representatives emphasized: 'The company's coin listing process is conducted through an independent coin listing review committee involving external experts, which is not a structure that specific personnel, including related executives and employees, can influence. The coin listing process maintains and strengthens fairness through a unified application channel on the official website and strict internal reviews.' [Original link]