23-07-2024 21:31 via theverge.com

How K-pop might lead to the downfall of Korea’s richest self-made tech mogul

Every Korean, Korean American, or K-pop fan you know probably has the KakaoTalk app. | Photo: Getty Images Kakao Corp. founder Kim Beom-su was arrested Tuesday in Seoul, South Korea. That might not mean much to Westerners, but the story is a bizarre tale of how a celebrated, self-made tech billionaire fell from grace... partly because he bought a scandal-ridden K-pop agency.
Kim, who also goes by Brian, stands accused of manipulating SM Entertainment’s stock price during a high-profile acq
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