Former Bithumb CEO Lee Sang-jun received approximately 47 billion Korean won (about 3.50 million USD) in compensation from the company while serving his sentence, which includes 1.40 million USD in bonuses, 1.50 million USD in retirement funds, and 320 thousand USD in base salary. A Bithumb spokesperson stated that he made significant contributions to the company's professional operations. Meanwhile, salary levels in the South Korean crypto industry have soared. The chairman of Dunamu, the parent company of Upbit, received 82 million USD in bonuses last year, and the average annual salary for employees reached 147 thousand USD.

PANews reported on April 4 that Lee Sang-jun, former CEO of Bithumb, received about 4.7 billion won (about 3.5 million U.S. dollars) in compensation from the company while serving his sentence for bribery, including a 1.4 million U.S. dollar bonus, a 1.5 million U.S. dollar retirement pension, and a 320,000 U.S. dollar basic salary. A Bithumb spokesperson said that he made significant contributions to the company's professional operations. At the same time, salaries in the Korean crypto industry have soared. The chairman of Upbit's parent company Dunamu received a bonus of 82 million U.S. dollars last year, and the average annual salary of employees reached 147,000 U.S. dollars.

Former Bithumb CEO Receives $3.50 Million Compensation While Serving Sentence, South Korea's Crypto Industry Salary Surges