Founder of South Korea’s Kakao Arrested for Alleged Stock Manipulation
Kakao’s Founder, Kim Beom-su, is accused of conspiring to inflate K-pop agency SM Entertainment’s stock price to prevent a takeover by rival agency Hybe Corporation.
Kakao’s Founder, Kim Beom-su, is accused of conspiring to inflate K-pop agency SM Entertainment’s stock price to prevent a takeover by rival agency Hybe Corporation.