Overview
- Bithumb, which told shareholders Tuesday, March 31, that it would postpone a stock listing, now guides to a date after 2028.
- The company says it will spend 2026–2027 tightening accounting policies, internal controls and internal verification, with Samjong KPMG advising through the end of 2027.
- South Korea’s Financial Intelligence Unit fined the exchange about 36 billion won and ordered a partial business suspension that limits new customer sign-ups, and executives said they are weighing an administrative lawsuit to challenge the sanctions.
- In February, a systems error briefly credited users with huge Bitcoin balances on the platform’s ledger worth roughly $40 billion, and the firm said most entries were reversed after checks.
- For 2025, Bithumb reported about 651.3 billion won in sales, net profit in the tens of billions of won, market share above 30% and 1.74 million new customers, showing strong demand despite tighter oversight.