Bithumb is a cryptocurrency exchange platform. The South Korean-based platform is also known as a leading exchange for ether, the currency of Ethereum (which in itself is immensely popular in the country).
Bithumb is operated by a company called BTC Korea.com Co. Ltd.
The Clover blockchain aims to bring cross-chain compatibilities to the DeFi market and will leverage Polkadot’s parachain infrastructure for transferring assets and value across different platforms.
The previous police raid came after Seoul police allegedly directed initial investigations at Bithumb office on September 2.
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