Park Gyuri, a founding member of the Okay-pop woman group Kara, is dealing with contemporary crypto allegations, days after telling a courtroom she didn’t take part in her ex-lover’s alleged altcoin fraud operations.
The case revolves round a low-cap art-themed altcoin named Pica Coin and its alleged mastermind Music Ja-ho, Park’s ex-boyfriend.
On the time of the launch, Park was reportedly listed as Pica’s Chief Communications Officer and Advisor.
Park Gyuri: Crypto Accusations Proceed
Final week, prosecutors summoned Park as a witness within the Music fraud case. She instructed a department of the Seoul Southern District Courtroom that she had performed no half in any unlawful crypto schemes or efforts to control token costs.
She claimed that she thought Pica was an above-board art-technology startup. Park additionally claimed that she labored as a salaried employee at Pica “for a yr as a curator and publicity supervisor, planning and selling exhibitions for artists.” The Okay-pop star added:
“I knew nothing about cryptoassets. And I didn’t need any photographs of me to function within the Pica Coin white paper. I’ve by no means participated in or benefited from unlawful coin operations. […] I’ve by no means made any revenue from [this coin].”
‘I Bought My BTC to Purchase Altcoin,’ Star Claims
Moreover, Park claimed that she had invested 60 million gained (at present $43,566) in Pica Coin in April 2021.
She stated that she raised the funds for the acquisition by promoting her private Bitcoin (BTC) holdings.
However the former Kara member stated she “misplaced all the things” when the Pica Coin was delisted from the Upbit crypto change two months later, in June 2021.
Nonetheless, the Pica Coin CEO Seong Hae-joong instructed the media outlet iMBC that Park’s claims had been unfaithful. Seong stated that Music “straight compensated her with 60 million gained in money in December of the identical yr, performing out of pity for her.”
This was although Park and Music reportedly broke up in September 2021. Seung supplied the media outlet with screenshots of an alleged dialog concerning the “compensation” between Park and Music on KakaoTalk.
The screenshots seem to point out Park asking Music when precisely he would ship her the cash on December 8, 2021. To this, he seems to reply: “Earlier than the tip of the month.”
Park additionally seems to “appropriate” Music’s intention to ship 50 million, saying: “It wasn’t 50 million, however truly 60 million.”
Prosecutors Launched Authorized Case in 2023
Seong additionally acknowledged that Park’s claims that she had by no means made any revenue from crypto had been “unfaithful.” He asserted that Park’s assertions had been “one-sided” and “lacked credulity.”
The media outlet stated that it had contacted Park’s expertise company Large Boss Leisure with a number of unsuccessful requests for remark.
Nonetheless, the newspaper Maeil Kyungjae quoted Park’s representatives as stating: “We can not touch upon issues linked to Ms. Park’s personal life.”
Park has beforehand expressed her exasperation with the case on her social media pages, asking rhetorically why she just isn’t being allowed to maneuver on from her involvement with Pica.
Police arrested Music in 2023 on prices of fraud and breach of belief. Prosecutors have accused him of soliciting investments for artworks he didn’t personal.
Officers additionally suppose Music could have additionally manipulated Pica Coin costs to his personal benefit.
Park debuted with Kara in 2007, with the group disbanding in 2016. Kara reformed in 2022 and is at present touring Asia, with performances slated for Yokohama, Japan, and Macau in August.
The publish Okay-pop Star Park Gyuri of Kara Faces Extra Crypto Accusations as Ex-Lover’s Trial Continues appeared first on Cryptonews.