South Korea’s shady Bithumb shareholder and former Park Min Young boyfriend, Kang Jong Hyun, has been officially arrested for his scandal issues. So, what happened, and what are the charges? Check out the following complete report.
Seoul Southern District Court Officially Arrested Former Park Min Young Boyfriend, Kang Jong Hyun
After the long and dragging scandal controversies, former Park Min Young boyfriend and ex-shareholder of Bithumb, Kang Jong Hyun, has now faced his official arrest.
On February 2, Wikitree reported that Park Min Young ex-boyfriend had faced his official arrest. The multiple charges that he faced were embezzlement, breach of trust, and fraudulent, illegal transactions under the Capital Markets Act.
Ex-Owner & Shareholder of Bithumb: Kang Jong Hyun Massive Scandal and Risk of Destroying Evidence
Further in the report, Wikitree also mentioned that the Seoul Southern District Court had conducted a warrant review before arresting the ex-owner of Bithumb Kang Jong Hyun.
According to the review on February 1, Kang Jong Hyun possessed a massive risk of escaping and destroying evidence for his scandal. The warrant was then issued after the interrogation process on the suspect.
“There is a high suspicion of escaping and destruction of evidence.”
Chief Judge of Seoul Southern District Court.
In addition to Kang Jong Hyun, the court also arrested Mr. Cho. He was known as the CEO of an unlisted Bithumb affiliate and personal aide of Kang Jong Hyun.
Previously, Kang Jong Hyun gained massive attention from Korean entertainment media due to his dating relationship with Park Min Young. Indeed, the couple broke up a while after Dispatch blew up the scandal. However, the media’s spotlight remained focused on former Park Min Young boyfriend Kang Jong Hyun for his shady businesses.
On top of that, his relationship with Park Min Young was one of the causes that brought the public’s attention to Hook Entertainment, the agency that scammed and gaslighted actor Lee Seung Gi.
The Scandal of Former Park Min Young Boyfriend and Bithumb Shareholder Finally Concluded
Earlier on January 25, the 2nd Division of Seoul Southern District Prosecutor’s Office’s Financial Investigation requested arrest warrants for Kang Jong Hyun.
Along with the former Park Min Young boyfriend, the office also requested the arrest of three more people. And they are all under violations of breach of trust and embezzlement under the Act on the Aggravated Punishment of Specific Economic Crimes and fraudulent, illegal transactions under the Capital Markets Act.
According to the Prosecution Office, they were all accused of stealing corporate funds from Bithumb affiliates, including Vident, Inbiogen, and Bucket Studio. In addition, they had also made unfair profits by engaging in stock price manipulation and issuing convertible bonds.
Finally, all the scandal of former Park Min Young boyfriend and Bithumb ex-owner Kang Jong Hyun has now concluded. After all the Kang Jong Hyun extensive scandal reports from Dispatch, the issue can now be put to rest.
So, what do you think about this controversy? Let us understand your opinions in the comments. Meanwhile, stay with Kpoppost Twitter, Facebook, Instagram, and Telegram as we watch Park Min Young speaking about her roles.
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Understand our opinions? Well my opinion is that it is ridiculous, and so incredibly annoying, that you keep referring to the man as “Park Min-Young’s ex boyfriend” – as if he were some sort of possession of hers. This, especially when we all know that it was possibly the other way around. She was his possession. Why else in the world a pretty, incredibly hot actress like her, would want to hook up with an older, not too physically-appealing dude if not for the money? Just call the man by his name already, and enough with all the fanfare, will ya?