According to the Korea Times, despite the Bitcoin mis-distribution incident and regulatory penalties, cryptocurrency exchange Bithumb still plans to re-elect CEO Lee Jae-won, with a shareholders' meeting scheduled for March 31 to vote on whether to extend his two-year term. Previously, the platform was fined approximately 36.8 billion won and had some operations suspended for anti-money laundering violations, and still faces multiple investigations, potentially leading to further penalties and license renewal pressures.
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