Lee Jun-seok: "Kim Nam-guk, who liked the 'Leading Room,' why are you trying to muddy the waters?"

Lee and Kim Lawmakers Respond Within an Hour to 'Summons'
"I Use Algorithm Trading, Kim Uses Telegram Reading Rooms"

Former People Power Party leader Lee Jun-seok responded to Democratic Party lawmaker Kim Nam-guk, who is embroiled in a '6 billion won cryptocurrency' controversy, by saying, "I remember you liked Telegram reading rooms," and questioned, "Why are you trying to muddy the waters?"

On the 6th, Lee shared a post Kim made on his Facebook account regarding the '6 billion won cryptocurrency' suspicion and said this. He stated, "Whether it's stocks, coins, or tokens, acquiring through trading in a public market and selling through trading poses no problem," adding, "If one uses non-public insider information or acquires a large amount by methods other than public market buying and selling based on quotes, suspicion arises."

Former People Power Party Leader Lee Jun-seok [Image source=Yonhap News]

Lee said, "I understand that Kim Nam-guk is desperate," and targeted him by saying, "I have always done algorithmic trading, but I seem to remember that Kim liked Telegram reading rooms back when he was a broadcast panelist. So why are you trying to muddy the waters?" This statement revealed that Lee invested through legitimate methods while implying that Kim’s investment methods are questionable. A 'reading room' refers to a private group chat room created on mobile messengers where stock or other asset recommendations are given for trading.

Lee continued, "Even if it’s not the prosecution but that grandfather himself, if Kim bought and sold in the public market using a real-name account, there will be no issues going forward, whether he lost money or made money," and concluded his post by saying, "Don’t vent anywhere out of desperation; respond like a legal professional."

Lee posted this one hour after Kim released a statement explaining the coin controversy. Earlier, Kim wrote on his Facebook post, "When People Power Party’s Lee Jun-seok was said to have made money from cryptocurrency, the media reported it without criticism as if it were a boast and a hot topic, but when Democratic Party’s Kim Nam-guk makes money from cryptocurrency, the media reports it as a huge problem. I don’t think that’s normal."

Kim is suspected of holding 800,000 'Wemix Coins,' a type of cryptocurrency, worth 6 billion won at the time in January-February last year and withdrawing all of them ahead of the implementation of the cryptocurrency real-name trading system (Travel Rule).

This content was produced with the assistance of AI translation services.