Mars Finance News, according to Cointelegraph, the imprisoned former CEO of Bithumb Holdings, Lee Sang-jun, received approximately 4.7 billion Korean won (about $3.5 million) in compensation in 2024, including a 2 billion Korean won ($1.4 million) bonus, 2.2 billion Korean won ($1.5 million) retirement pay, and 470 million Korean won ($320,000) base salary. A Bithumb spokesperson stated that this compensation was paid because Lee played a key role in establishing the company's institutional foundation and improving customer asset protection. Lee Sang-jun was found guilty in December 2024 for accepting luxurious gifts and favors in exchange for token listings. Although prosecutors accused him of receiving 30 billion Korean won (about $20 million) in cash, the court found him not guilty of this charge but maintained the conviction for other forms of bribery. He was sentenced to two years in and fined approximately 50 million Korean won ($37,000).