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CEO & Publisher: Oh Young-jinDigital News Email: webmaster@koreatimes.co.krTel: 02-724-2114Online newspaper registration No: 서울,아52844Date of registration: 2020.02.05Masthead: The Korea TimesCopyright © koreatimes.co.kr. All rights reserved.

Bithumb's de facto owner arrested over alleged embezzlement

Kang Jong-hyun, a businessman known to be the de facto owner of the operator of Korea's largest cryptocurrency exchange Bithumb, enters the Seoul Southern District Court to attend a hearing to determine his arrest, Feb. 1. YonhapA businessman known to be the de facto owner of the operator of Korea's largest cryptocurrency exchange Bithumb was arrested Thursday over alleged embezzlement.The Seoul Southern District Court issued an arrest warrant for Kang Jong-hyun. He is facing multiple charges, including embezzlement, dereliction of duty and fraudulent transactions.The 41-year-old businessman is the elder brother of Kang Ji-yeon, the head of the kiosk supplier Inbiogen, which holds the biggest share in Vidente Vidente is the largest shareholder of Bithumb by holding a 34.22 percent stake.Prosecutors suspect the siblings colluded to embezzle corporate funds and manipulate stock prices.Prosecutors have expanded an investigation surrounding the siblings since last year, starting with raiding the offices of several Bithumb affiliates. Kang Jong-hyun has also been banned from leaving the c

Feb 2, 2023
Bithumb's de facto owner arrested over alleged embezzlement

Ex-President Park's chief secretary acquitted of obstructing Sewol ferry panel

Former Chief of Staff Lee Byung-kee speaks to reporters at the Seoul Central District Court in southern Seoul, Wednesday. YonhapLee Byung-kee, who served as presidential chief of staff during the Park Geun-hye presidency, and eight other former government officials were acquitted Wednesday of charges of hindering the activities of an independent panel looking into a 2014 ferry sinking.The Seoul Central District Court handed out the not-guilty verdict to Lee and the eight officials, including Park's former political and economic affairs secretaries and former maritime affairs minister.The panel was set up in January 2015 under a special law enacted to determine why the 6,800-ton Sewol ferry capsized in waters off the southwest coast, killing more than 300 people, mostly high school students.Lee and the eight former officials were indicted in May 2020 on charges of obstructing the appointment of a key panel official and the dispatch of 12 public officials to the panel in late 2015.Prosecutors demanded imprisonment of three years for Lee. (Yonhap)

Feb 1, 2023
Ex-President Park's chief secretary acquitted of obstructing Sewol ferry panel

Gov't ordered to compensate family members of murder victim

gettyimagesbankA Seoul court on Wednesday ordered the state to pay more than 200 million won ($162,500) in compensation to family members of a woman killed after an attempted rape by a man wearing an ankle monitor for sexual crimes.In 2012, the woman in her 30s was murdered by Seo Jin-hwan, who broke into her house in Seoul's Gwangjin district in an attempt to rape her. It was only later found out by police that Seo had committed a similar crime just 13 days earlier and that he was wearing an electronic ankle monitor at the time.The family then filed a compensation suit against the state, claiming Seo's crime could have been prevented if police had properly managed DNA evidence found from the previous crime scene and if his ankle bracelet had been properly monitored.In earlier rulings, the courts dismissed the suit, citing the lack of correlation between negligence of police officers and the crime. But the Supreme Court later struck down the rulings and sent the case back to the Seoul High Court for a review, saying Seo would not have committed such daring crimes repeatedly if he had

Feb 1, 2023
Gov't ordered to compensate family members of murder victim

4 South Korean activists arrested for executing orders from Pyongyang

A South Korean activist suspected of following orders from North Korea enters the Seoul Central District Court in southern Seoul, Tuesday. The court issued arrest warrants for all of them. YonhapProbe into North Korean spy ring gains tractionBy Jung Min-hoFour South Korean activists have been arrested on charges of carrying out orders from Pyongyang as the investigation into an alleged North Korean spy ring gains traction.The Seoul Central District Court approved arrest warrants, Wednesday, for the members of “the Vanguard of the People's Independent Unification,” citing flight risks and concerns over possible destruction of evidence.The suspects are under suspicion of establishing the organization in Changwon, South Gyeongsang Province, in 2016 to stir up anti-government sentiment and coordinate rallies. The organization was allegedly set up according to orders given by North Korean agents the suspects met in Cambodia, Vietnam and elsewhere in Southeast Asia.The United Front Department of the North's ruling Workers' Party, which is in charge of propaganda and espionage o

Feb 1, 2023By Jung Min-ho
4 South Korean activists arrested for executing orders from Pyongyang

Activist indicted over alleged unauthorized contact with N. Korea spies

Members of a progressive civic organization, Jeonbuk People Movement, stage a protest in front of the National intelligence service building in North Jeolla Province in this Nov. 28, 2022 file photo. YonhapA progressive Korean activist has been indicted on charges of making unauthorized contact with North Korean spies, prosecutors said Wednesday.Ha Yeon-ho allegedly violated the National Security Law that bans unauthorized contact with North Koreans, the Jeonju District Prosecutors Office said. He is the head of a progressive civic organization, Jeonbuk People Movement, which is based in North Jeolla Province.Ha allegedly met with North Korean agents on several occasions in cities such as Hanoi and Beijing between 2013 and 2019, prosecutors said. Ha also emailed them to report about domestic issues.Ha denied the allegations, saying an investigation is suppression.The investigation came after the National Intelligence Service probed several progressive figures based in North Jeolla Province, South Gyeongsang Province and Jeju Island last year. (Yonhap)

Feb 1, 2023
Activist indicted over alleged unauthorized contact with N. Korea spies

Korean websites fully restored after Chinese cyberattacks

This image from Yonhap Television News shows a series of cyberattacks by a Chinese hacking group / YonhapTwelve Korean websites attacked by a Chinese hacking group have been fully restored more than a week after the incident, officials said Wednesday.The Chinese attackers, identifying themselves as Xiaoqiying, hacked into the websites of 12 academic organizations and institutions on Jan. 22, including the Korea Research Institute for Construction Policy, the Korean Archaeological Society and the Korean Academy of Basic Medicine Health Science.The attack took place in the middle of the four-day Lunar New Year holiday that began Jan. 21.The Korea Internet Security Agency (KISA), the country's internet safety watchdog, has helped the 12 institutions normalize their servers and their web pages have become available, according to KISA officials.For more than a week, most of the attacked websites were inaccessible, showing an error page or a warning message by the hacking group.KISA said it is now checking online security in public institutions and will stay vigilant against a possible att

Feb 1, 2023
Korean websites fully restored after Chinese cyberattacks

4 S. Korean activists arrested for alleged anti-gov't activities upon NK orders

A South Korean activist enters the Seoul Central District Court to attend a court hearing over his potential arrest, Jan. 31. YonhapFour South Korean activists were arrested Wednesday on charges of conducting anti-government activities after taking orders from North Korea.The Seoul Central District Court approved the prosecution's request to detain the four, saying they are a flight risk and could destroy evidence. The four allegedly established an anti-government organization based in the southeastern city of Changwon in 2016 after receiving orders from North Korean agents in a number of Southeast Asian countries, such as Cambodia.The activists have since organized anti-U.S. protests and activities in support of North Korea, prosecutors said. (Yonhap)

Feb 1, 2023
4 S. Korean activists arrested for alleged anti-gov't activities upon NK orders

Ex-Ssangbangwool chief said to have paid N. Korea $8 mil. in 2019 on behalf of Lee, Gyeonggi Province

Kim Seong-tae, former chairman of underwear maker Ssangbangwool Group, arrives at Incheon International Airport, west of Seoul, from Thailand, Jan. 17. YonhapAn arrested underwear tycoon allegedly said he delivered $8 million to North Korea in 2019 to help promote Gyeonggi Province's smart farm project and then Gov. Lee Jae-myung's visit to the North, informed officials said Tuesday.Kim Seong-tae, former chairman of underwear maker Ssangbangwool Group, who was nabbed in Thailand in early January after months on the run, reportedly made the controversial remarks during questioning by prosecutors in Suwon, 34 kilometers south of Seoul.The Suwon District Court issued an arrest warrant for Kim on Jan. 20 on multiple charges, including embezzlement, bribery and the illegal transfer of cash to North Korea.Previously, Kim told prosecutors that he only handed a total of over $5 million to North Korea on two occasions in 2019 to pursue economic cooperation rights involving the North.As the prosecution presented other related documents, however, the underwear tycoon reportedly disclosed an add

Jan 31, 2023
Ex-Ssangbangwool chief said to have paid N. Korea $8 mil. in 2019 on behalf of Lee, Gyeonggi Province

S. Korean man arrested for illegally supplying fuel to North Korea

The Western Regional Coast Guard Headquarters in Mokpo, South Jeolla Province / Korea Times fileThe Coast Guard has arrested a man on charges of illegally providing fuel to North Korea via a Chinese vessel, officials said Monday. The oil dealer in his 50s is accused of supplying 19,000 tons of diesel to the North on a total of 35 occasions from October 2021 to January 2022 without government approval.His two accomplices, who work for a domestic oil supplier, were booked without detention, said the Western Regional Coast Guard Headquarters in Mokpo, 410 kilometers south of Seoul.This is the first time that a ship-to-ship fuel transfer to North Korea involving South Korean and Chinese vessels has been cracked down on, the authorities said.The suspects used the company's oil tanker for the transactions, valued at 18 billion won ($14.65 million).The tanker transported fuel to a Chinese ship in the South China Sea and the Chinese vessel then delivered the cargo to a North Korean ship, the Coast Guard investigators said.Officials from the Chinese shipper received payment from North Korea a

Jan 30, 2023
S. Korean man arrested for illegally supplying fuel to North Korea

Youth, foreign drug offenders increase threefold in 5 years

A Seoul Metropolitan Police official official puts seized drugs in order at the office's parking lot in this file photo taken in October 2018. Korea Times file By Lee Hae-rinThe number of drug offenders aged 30 or under has increased threefold in five years, as Korea's arrests for narcotic crimes hit an all-time high last year, according to the latest police report. The number of foreign nationals arrested for illegally possessing, trafficking and selling drugs also tripled, mainly from large groups of people doing drugs at industrial complexes.The Korean National Police Agency's Detective Bureau at the National Office of Investigation announced Sunday that 5,702 people were arrested during the police's special control on drug crimes, from August to December last year. A total of 12,387 people were arrested for drug-related crimes last year ― a record high, and a 16.6 percent raise from the previous year's 10,626.The increase was visible, especially among the younge

Jan 29, 2023By Lee Hae-rin
Youth, foreign drug offenders increase threefold in 5 years
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