Class Action
It has been found that approximately 140 Bithumb members are planning to file a class action suit against Bithumb within this year. “We recently appointed a law firm and decided to file the first suit before the end of this year,” they explained, adding, “More litigation can follow down the road depending on the number of victims.”
The most controversial part is likely to be whether there is any causality between the personal information leakage attributable to the hacked Bithum employee PC and their pecuniary loss estimated at four billion won or so in total. At present, the virtual currency exchange is claiming that only e-mail addresses and phone numbers have been compromised and it has minimized the pecuniary loss by limiting withdrawals on June 30 immediately after the leakage.
In response, the victims are claiming that their IDs and passwords have been compromised as well and their loss has reached up to hundreds of millions of won per person due to the incident. The Seoul Central District Prosecutors’ Office, the Korea Communications Commission, and the Korea Internet & Security Agency are currently investigating the incident and the result of the investigation is scheduled to be announced within this month.