PANews March 23 news, according to Cointelegraph, South Korea's second-largest cryptocurrency exchange Bithumb plans to seek approval at the shareholders' meeting on March 31 for CEO Lee Jae-won to serve another two years. Despite the exchange recently facing a six-month partial business suspension and a fine of 36.8 billion won from the Korean Financial Intelligence Unit for suspected anti-money laundering violations, and in February having regulatory scrutiny due to mistakenly distributing 620,000 bitcoins to users during a promotional campaign, the board still proposed a retention plan. Bithumb is currently under investigation for sharing its order book with overseas platforms, which may affect the renewal of its virtual asset service provider license.