South Korean prosecutors probing the previous President Yoon Suk-yeol and the previous First Woman Kim Keon-hee have interrogated the suspected crypto fraudster Jon Bur Kim (actual surname Park).
Park, a crypto market maker and luxurious sports activities automotive collector, has been indicted for crypto fraud. Prosecutors assume he issued and manipulated two so-called “rip-off cash,” and manipulated their costs by issuing faux information concerning the tokens.
Nonetheless, prosecutors earlier this month established a attainable hyperlink between Park’s case and that of the previous First Woman.
Kim Keon-hee is accused of peddling affect, inventory manipulation, and different corruption-related prices.
Former President Yoon: Arrest Warrant Incoming?
Prosecutors are investigating Kim Keon-hee together with Yoon, who failed in a bid to declare martial legislation in South Korea in early December final yr.
Yoon’s refusal to share iPhone passcode disrupts particular probehttps://t.co/c8NXMuUcLc
— The Korea Occasions (@koreatimescokr) July 29, 2025
The previous President was later impeached. He has since been charged with varied corruption-related offences.
However Former President Yoon has twice refused to answer court docket summons requests. This has led prosecution officers to contemplate requesting an arrest warrant.
Yonhap reported that the probe has additionally expanded to Yoon and Kim’s associates. The South Korean information company wrote that the particular prosecution group is believed to be investigating the previous senior prosecutor Kim Sang-min.
Prosecutors imagine Kim Sang-min might have “acquired illicit cash” from the chief suspect in a crypto fraud case.
Media retailers assume that that is Park, who’s accused of embezzling 80.9 billion gained ($58.1 million) price of traders’ cash.
Prosecutors assume that Park gave Kim Sang-min cash to pay for motorized vehicle rental charges. Kim Sang-min then allegedly used this cash to pay for the automobiles as he tried to win the Individuals Energy Celebration nomination for the Changwon Uichang district seat forward of the April 10 legislative election final yr.
Kim Sang-min was in the end unsuccessful in his bid, and was eradicated through the primaries. However prosecution officers seem to assume that Kim Keon-hee used her affect to assist him run.
The particular counsel group investigating allegations surrounding former first girl Kim Keon Hee has requested an arrest warrant for former President Yoon Suk Yeol, the group introduced Wednesday. https://t.co/c7xp77LPWD
— The Korea JoongAng Every day (@JoongAngDaily) July 30, 2025
Rug Pull Suspect Summoned
The newest growth seems to verify stories from earlier this month. These claimed that the particular prosecution group had requested to see the Park/rip-off coin case recordsdata.
Prosecutors assume that Park and a CEO surnamed Moon stole tons of of billions of gained. They assume the duo issued and listed a suspected rip-off coin named Atube in 2021.
They’ve additionally accused Park of masterminding a rug pull rip-off for a token named Podo Coin, additionally in 2021.
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