SINGAPORE, Dec. 7, 2022 /PRNewswire/ Singapore-based global digital financial company BTHMB Holdings has won a civil suit filed in June 2019 against its former managing director, Dr. Kim Byung-Gun for USD17 Million. Dr. Kim, a prominent Singaporean plastic surgeon who is a founder and director of BK Hospital and BK Medical Group in Singapore, is also a blockchain investor who operates the Initial Coin Offering (ICO) platform by issuing ICC coins in Singapore in late 2018. This year, the Singapore court has ruled for Dr. Kim to pay to BTHMB, a Singapore company, USD17,166,912.76 as sale proceeds of BTHMB-issued BXA Coin. BTHMB is a global digital financial company based in Singapore. In 2018, it was widely reported that Dr. Kim had agreed to acquire, through various corporate transaction documents and corporate vehicles, a majority shareholding in Bithumb Korea Co Ltd which owns the biggest cryptocurrency exchange in Korea, the Bithumb Exchange. As part of the acquisition, BTHMB was t