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South Korean prosecutors have indicted Kim Beom-su, also known as Brian Kim, the founder of Kakao Corp, on charges of stock manipulation. The charges are related to Kakao's takeover of the K-pop agency SM Entertainment. Kim Beom-su was arrested in July, and the indictment was reported by Yonhap. This legal action marks a significant development in the ongoing scrutiny of corporate governance and financial practices within South Korea's technology sector.
South Korean prosecutors have indicted Kakao founder Brian Kim on charges of stock manipulation https://t.co/XNsfGc27hh
Wanda told some investors this week that a loan that could be used to pay some pre-IPO investors in one of its units is close to being finalized https://t.co/hda6f1joQs
South Korean prosecutors have indicted Kakao founder Brian Kim on charges of stock manipulation https://t.co/K61l1Y9tEF