Summary: The crypto exchange was raided by South Korean prosecutors investigating price manipulation linked to an unnamed coin. Authorities noted that the operation was a “search and seizure” of transaction records tied to the token and had little to do with Bithumb itself. The crypto exchange is also being scrutinized for tax evasion and its Chairman Kang Jong-Hyun was accused of fraud in a separate case. Bithumb offices in South Korea were stormed on Thursday by local authorities investigating token
