The Block: Crypto exchange Bithumb hit with a massive tax bill of over $69M
South Korea’s largest cryptocurrency exchange, Bithumb, has been hit with a hefty tax bill of 80.3 billion won (~$69.5 million). Local media outlet Pulse reported the news on Monday, saying that Bithumb’s largest shareholder, Vidente Co., confirmed the tax claim in a regulatory filing on Friday. South Korea’s taxation authority, the National Tax Service (NTS), […]
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