Bithumb's former CEO received $3.5 million in compensation from the company while in prison

avatar
PANews
04-04
This article is machine translated
Show original

PANews reports on April 4th that Lee Sang-jun, the former CEO of Bithumb, received approximately 4.7 billion Korean won (about $3.5 million) in compensation while serving a prison sentence for bribery, including a $1.4 million bonus, $1.5 million retirement pay, and $320,000 in base salary. A Bithumb spokesperson stated that he made significant contributions to the company's professional operations. Meanwhile, the Korean cryptocurrency industry has seen a substantial salary increase, with the chairman of Dunamu, Upbit's parent company, receiving an $82 million bonus last year, and employees earning an average annual salary of $147,000.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments