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Gangnam Kidnapping and Murder Case: CEO of Furiever Coin Implicated in Bribery Scandal

Two years ago, the YouTube channel ‘Furiever’ uploaded a business briefing session regarding Furyever coin. However, recent police investigations have uncovered disturbing revelations about the CEO of Purever Coin, the publisher behind the coin. It has been confirmed that the CEO, who was involved in the infamous ‘Gangnam kidnapping and murder case’, had been involved in lobbying public officials to support the coin.

The Financial Crimes Investigation Unit of the Seoul Metropolitan Police Agency has announced on the 6th that CEO Lee (59) of Uninetwork and President Jeong (69) of the Korea BCPI Association have been charged with bribery and violations of the Improper Solicitation and Graft Act. These charges are in connection with their alleged involvement in transferring previously issued coins to public officials in exchange for assistance with promoting Furyever Coin when it was listed on the virtual currency exchange Coinone in November 2020.

Further investigations by the police revealed that Jung, chairman of the Korea BCPI Association, aided Lee in certifying Puriever and distributing coins to public officials. In July 2021, both individuals were also found to have transferred large amounts of Puriver coins to Mr. Park, a former public official of the Ministry of Public Administration and Security. The estimated value of the coins transferred was approximately 7.19 million won based on market prices at the time.

Park, who was responsible for fine dust work at the Ministry of Public Administration and Security, has also been implicated in the bribery scandal. It is alleged that he received coins in exchange for providing fine dust policy-related materials to CEO Lee.

The police began their investigation into the coin lobby in May, when they conducted searches of Lee’s residence and office. They relied on Uninetwork’s ‘ultrafine dust control committee’ list, which contained the names, affiliations, and number of coins possessed by 28 individuals, including both current and former public officials and university professors. However, as of now, no criminal charges have been filed against anyone besides the main figures involved.

In July, the police applied for arrest warrants for three individuals, including CEO Lee, but all of them were rejected by the court. This case continues to unfold as law enforcement agencies work tirelessly to uncover the full extent of this scandal and hold those responsible accountable for their actions.

2 years ago, a business briefing session related to Furyever coin was uploaded on YouTube channel ‘Furiever’. still Youtube

As a result of the police investigation, it was confirmed that the CEO of the publisher Purever Coin, who initiated the ‘Gangnam kidnapping and murder case’, had lobbied for a coin against public officials.

The Financial Crimes Investigation Unit of the Seoul Metropolitan Police Agency announced on the 6th that it was sending Uninetwork CEO Lee (59) and Korea BCPI Association president Jeong (69) without detention on the 30th of last month on charges of bribery and bribery the Improper. Solicitation and Graft Act.

In November 2020, when listing Furever Coin on the virtual currency exchange Coinone, Lee is accused of transferring previously issued coins to public officials, along with a request for help with publicity.

Police found that Jung, chairman of the Korea BCPI Association, a disaster safety education and certification organization, helped Lee certify Puriever and give coins to public officials.

In July 2021, the two were investigated for putting 150,000 and 100,000 Puriver coins, respectively, into the coin wallet of Mr. Park, a former public official of the Ministry of Public Administration and Security. At the market price at the time, it was worth 7.19 million won.

Park was sent without custody on charges of bribery and breach of the Improper Solicitation and Graft Act. The police believe that Mr Park, who was responsible for fine dust work at the Ministry of Public Administration and Security, received a coin in exchange and handed over fine dust policy-related materials to the Chief Executive Officer Lee.

In May, police seized and searched Lee’s residence and office, and launched an investigation into the coin lobby. The police investigated the suspicion of bribery on the basis of Uninetwork’s ‘ultrafine dust control committee’ list. The list contained the names, affiliations, and number of coins of 28 people, including past and present public officials and university professors. No criminal charges have been confirmed against anyone other than the dispatcher.

Police applied for arrest warrants for three people, including Lee, in July, but the court rejected all of them.

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