South Korea’s Bithumb May Re-appoint CEO as Exchange Edges Toward IPO

South Korea’s top cryptocurrency exchange, Bithumb, might bring back its former CEO, Heo Baek-young, to manage the platform as it considers going public. Heo stepped down in 2019 due to disagreement on company’s strategy. If reappointed, he could lead Bithumb through its initial public offering (IPO), a move that would create a significant milestone in the crypto industry. However, the process could be challenging due to regulatory constraints and investigations into alleged fraud within