Bullish

Bithumb Subsidiaries Approved to Hire Retired Police and Tax Officials for Audit Roles

2026-08-03 15:53:53

Bucket Studio and Bident secured ethics clearance to employ retired National Police Agency and Tax Service officials as auditors, amid ongoing delisting risks for parent Bithumb.

Woofun AI reports that Bithumb affiliates Bucket Studio and Bident have obtained approval to recruit retired officials from the National Police Agency and the National Tax Service for audit positions. The Government Public Officials Ethics Committee concluded its July review, confirming that Bucket Studio’s hire of a police supervisor retired in June 2025 and Bident’s recruitment of a level-4 tax official retired in June 2024 bear no relation to their prior duties. Both entities hold stakes in Bithumb, which has maintained suspended stock trading since March 2023.

WOOFUN AI

Impact Assessment · Quick Read

The hiring of high-profile retired regulators may signal an attempt to bolster internal compliance credibility as Bithumb faces potential delisting. However, given the prolonged trading suspension, this move addresses governance optics rather than immediate market liquidity. Investors should monitor whether these appointments correlate with broader restructuring efforts or regulatory resolution.
Generated by WOOFUN AI · For reference only, not investment advice

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