Police are searching Bithumb, a virtual asset exchange suspected of giving preferential treatment in hiring the second son of independent lawmaker Kim Byung-kee (former Democratic Party of Korea lawmaker).
The Seoul Metropolitan Police Agency's Public Crime Investigation Unit has been executing search warrants since 9:40 a.m. on the 24th at two locations, including Bithumb's headquarters in Gangnam District and the Finance Tower, in connection with Representative Kim's bribery allegations.
From September to November 2024, Representative Kim is suspected of asking for hiring favors at Bithumb and Dunamu, the operator of the virtual asset exchange Upbit. Representative Kim's second son got a job at Bithumb in January last year and worked there for six months.
Police investigating a total of 13 allegations against Representative Kim plan to summon and question Representative Kim on the 26th and 27th.