Retired Police and Tax Officials Approved for Bithumb Affiliates Jobs

South Korea’s Government Public Ethics Committee approved the employment of retired officials from the National Police Agency and the National Tax Service at Bithumb affiliates facing trading suspensions and delisting risks. The committee's July review results, released on Aug. 3, revealed that Bucket Studio hired a former police lieutenant-level officer who left the National Police Agency in June last year as a full-time auditor. Vidente, an affiliate of Bucket Studio, plans to hire a former grade-four National Tax Service official who retired in June 2024 as an auditor after the official was deemed eligible for employment in the review. The committee concluded that the new roles of the two officials were not closely related to their previous duties during the five years before retirement and approved the hires. Bucket Studio and Vidente are both KOSDAQ-listed companies and affiliates of crypto exchange Bithumb.

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