The South Korean prosecution has requested an 8-year prison sentence for the former board of Bithumb, who is accused of fraud involving approximately $85 million

ChainCatcher news, according to South Korean media Decenter, the South Korean prosecution has requested an 8-year prison sentence for former Bithumb chairman Lee Jung-hoon on charges of violating the Act on the Aggravated Punishment of Specific Economic Crimes, the same as the first-instance ruling. Lee Jung-hoon is accused of fraud involving 110 billion won (approximately 85 million USD).