• The Vice President of Vidente, referred to as Mr. Park, was found dead in front of his house in southern Seoul.
• Vidente is the largest shareholder of Bithumb Holdings Co., which operates the South Korean crypto exchange Bithumb.
• Mr. Park was under investigation for embezzlement and manipulation of stock price and was rumored to be overseeing accounting for Kang Ji-Yeon and her brother Kang Jong-Hyun.
Tragic news has surfaced out of South Korea, with reports that the Vice President of Vidente, referred to as Mr. Park, was found dead in front of his house in southern Seoul. He was the subject of an investigation on charges of embezzlement and manipulation of stock price, and was rumored to have been overseeing accounting for Kang Ji-Yeon and her brother Kang Jong-Hyun.
Vidente is the largest shareholder of Bithumb Holdings Co., the firm behind the South Korean crypto exchange Bithumb. It is said that Park was under investigation for embezzlement and manipulation of stock price and was rumored to have been overseeing accounting for Kang Ji-Yeon and her brother Kang Jong-Hyun. It is not yet known whether the crimes he was accused of had any connection to the death of Mr. Park.
Initial reports suggest that the death of Mr. Park may have been a suicide, however this has not been confirmed. It is believed that the case is still under investigation to determine the exact cause of death.
Kang Ji-Yeon and her brother Kang Jong-Hyun were also under investigation for their connection to Vidente and the death of Mr. Park. They are the head of the kiosk supplier Inbiogen, which holds the largest share in Vidente. It is not yet known whether the investigation of these two is still ongoing, or whether any links have been made between their involvement in Vidente and the death of Mr. Park.
This news has come as a shock to the South Korean crypto community, as well as the global crypto industry. It is not yet known what impact this will have on the future of the South Korean crypto industry, and whether any changes will be made to current regulations.
The death of Mr. Park is a tragedy, and our thoughts are with his family at this difficult time. It is yet to be seen what the full impact of this news will be on the South Korean crypto industry.