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South Korean prosecutors have applied for an arrest warrant for the chairperson of Hancom who is "suspected of raising illegal funds with virtual currencies"

Prosecutors applied for an arrest warrant for Kim Sang-chul, Hancom's chairperson, on suspicion of conspiring with executives of the subsidiary to use virtual assets worth about 9.60 billion won without authorization. Before this, the police had applied for an arrest warrant for the chairperson of Hancom on the 11th of this month. Kim Sang-chul is suspected of leading the entire case of KimMo (35), an internal director of Hancom With, using "Arowana Token", a cryptocurrency in which Hancom With,...

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2024-07-17 03:20:01
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