Bithumb, the biggest cryptocurrency trade in South Korea, is making ready to near a few of its places of work because of the continued COVID-19 pandemic.
In step with an legitimate announcement on Nov. 23, Bithumb shall be quickly postponing its offline improve heart in Gangnam to forestall the unfold of COVID-19. Bithumb famous that the collection of home showed circumstances of the coronavirus illness has larger, inflicting native government to undertake extra preventive measures.
Bithumb’s improve heart in Seoul shall be closed on Nov. 24 till additional understand. Within the interim, Bithumb will perform a web based buyer improve heart.
Bithumb has been actively posting on its weblog in fresh months, however not one of the bulletins have touched upon a reported investigation focused on its executives. As reported, South Korean police performed a minimum of two raids on Bithumb’s places of work in connection to the alleged fraud, whilst the corporate’s chairman Lee Jung-hoon was once reportedly summoned for interrogation. Bithumb has no longer spoke back to any of Cointelegraph’s requests for remark.
As reported through Cointelegraph, the pandemic has had a big have an effect on at the blockchain and crypto trade up to now, it appears being probably the most key causes in the back of Bitcoin’s (BTC) parabolic upward thrust in 2020. In accordance to a couple trade executives, COVID-19 didn’t negatively have an effect on the blockchain trade however drove larger call for for blockchain innovation and adoption.