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Ex-South Korean First Lady Kim Keon-hee ‘Faces Crypto Market Maker Probe’

2025-07-21 23:43:11

Main Idea

South Korean prosecutors are investigating a potential connection between former First Lady Kim Keon-hee and a crypto market maker accused of fraud and price manipulation of low-cap altcoins.

Key Points

1. Prosecutors suspect crypto market maker Jon Bur Kim (real surname Park) of fraud and 'scam coin' operations, with ongoing legal probes into him and his associates.

2. Special prosecutors have requested investigation records related to Park's case and summoned Lee Jong-ho, a close associate of Kim Keon-hee, for questioning regarding a suspected bribery case.

3. Park allegedly attempted to flee South Korea in December 2023 but was stopped by a storm and Coast Guard intervention.

4. Investigators believe Park embezzled 80 billion won using fraudulent methods and was involved in listing a suspected scam coin named Atube in 2021.

5. Former President Yoon Suk Yeol skipped questioning related to his December 2024 declaration of martial law, which is under separate investigation.

Description

Prosecutors are investigating a possible link between the former South Korean First Lady Kim Keon-hee and a crypto market maker suspected of manipulating the prices of low-cap altcoins . The South Korean media outlet OhMyNews claimed it had seen evidence that the special prosecution team charged with investigating the former First Lady sent an official request to colleagues investigating a notorious crypto market maker nicknamed Jon Bur Kim (real surname: Park). Prosecutors suspect Park (44) of ...

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Tags:
Blockchain News Legal South Korea
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