Law & Crime
Coupang's interim CEO questioned for 12 hours over data breach probe
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Harold Rogers, interim CEO of Coupang, underwent 12 hours of police questioning over allegations of evidence destruction linked to a massive data breach. Authorities estimate the incident affected nearly 33 million users, disputing Coupang's claim of only 3,000 accounts impacted. Rogers declined to comment upon leaving the agency.
South Korea's customs authorities announced on Monday that they have uncovered an international crime ring accused of laundering about 150 billion won ($101.7 million) worth of cryptocurrency through an unauthorized foreign exchange scheme. Three Chinese nationals have been referred to the prosecution for violations of the foreign exchange transactions act. The suspects allegedly laundered 148.9 billion won between September 2021 and June of last year using domestic and overseas cryptocurrency accounts and South Korean bank accounts.
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Police on Monday launched a full-scale reinvestigation into allegations that Democratic Party of Korea lawmaker Kim Byung-kee's wife misused a local councilor's corporate credit card for personal expenses in 2022. The case was previously cleared but reopened amid claims of cover-up pressure from Kim. The lawmaker has expressed his intention to leave the party over the misconduct allegations.