The South Korea-based cryptocurrency alternate Bithumb is beneath a “particular tax investigation” by the nation’s Nationwide Tax Service (NTS), in accordance with native reviews.
On Jan. 10 tax brokers raided the alternate’s headquarters within the nation’s capital metropolis Seoul as part of a compliance investigation. The investigation was carried out by the 4th Bureau of Investigation of the Seoul Regional Tax Service, which particularly investigates “particular tax investigations”, versus customary ones.
Beforehand, Bithumb was beneath a particular tax investigation in 2018 by the NTS, by way of which it gained roughly $64 million in revenue tax.
This story is growing and new particulars might be added as extra info turns into obtainable.
