Former Bithumb Chairman faces eight-year imprisonment

• Lee Jeong-hoon, former chairman of Bithumb, is facing a legal battle and a potential eight-year prison sentence.
• Prosecutors claim that Lee intended to gain from exchange coins by circumventing financial regulations.
• Lee allegedly received payments without disclosing the decision not to list BXA Coin.
• Lee's defense challenges the assertions, pointing out discrepancies in statements and questioning the reliability of Kim, the BK Group Chairman.
• Lee faces accusations of violating economic crime laws, particularly fraud, in a deal involving Bithumb and the listing of BXA Coin.
• The appeal's outcome will impact Bithumb's future, the fate of BXA Coin, and potentially lead to increased regulatory scrutiny in the cryptocurrency industry.

The article presents a negative sentiment towards Lee Jeong-hoon, highlighting the legal battle and potential prison sentence he faces. It also emphasizes the potential impact on Bithumb, BXA Coin, and the need for regulatory frameworks in the cryptocurrency industry.