The South Korean prosecution has charged former Coinone executive Jeon with embezzlement

2023-04-08 22:32:41
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ChainCatcher news, according to South Korean media Money Today, the Seoul Southern District Prosecutor's Office's First Financial Investigation Division has indicted former Coinone executive Jeon on charges of corruption, and will conduct a pre-arrest interrogation of the suspect on the morning of the 10th.

Jeon is accused of accepting bribes from virtual currency brokers Go and Hwang Aunt between 2020 and 2021 in exchange for listing "Kimchi Coin." One of the tokens suspected of bribing Jeon for the listing, P Coin, recently appeared in the kidnapping and murder case in Gangnam, Seoul. P Coin was created in 2020, and the main perpetrator, mastermind, and victim of the Gangnam kidnapping and murder case are all investors in P Coin. (source link)

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