Ex-South Korean First Lady Faces Probe Over Alleged Ties to Crypto Market Manipulation
South Korean prosecutors are examining potential links between former First Lady Kim Keon-hee and a crypto market maker accused of manipulating low-cap altcoins. The investigation centers on Jon Bur Kim, whose real surname is Park, a figure under scrutiny for alleged fraud and 'scam coin' operations. Evidence suggests prosecutors have requested records from Park's case, raising questions about Kim's involvement.
The probe coincides with broader allegations of corruption and influence peddling during Kim's tenure as First Lady. Special counsel teams are preparing to summon both Kim and former President Yoon Suk Yeol for questioning. The case underscores growing regulatory scrutiny of crypto market manipulation in South Korea.