A former public official who received lobbying fees from the issuer of the FurEver Coin, which triggered the Gangnam kidnapping and murder case in March this year, has been brought to trial.


The Seoul Southern District Prosecutors' Office Joint Investigation Team on Virtual Asset Crimes (Headed by Chief Prosecutor Lee Jeong-ryeol) announced on the 19th that Park, a former technical secretary at the Ministry of the Interior and Safety, was indicted without detention on charges of bribery.

'Puri-eobeo Coin Lobby' Former Ministry of the Interior and Safety Official Indicted Without Detention View original image

Lee, the CEO of Uninetwork, the issuer of FurEver Coin who conducted the 'coin lobbying' for Park, and Jung, the head of an association related to ultrafine dust, were also indicted without detention on charges of bribery. Lee was previously indicted on the 24th of last month for market manipulation of FurEver Coin.


Park is accused of receiving 250,000 FurEver Coins (worth approximately 7.19 million KRW at the time) from Lee and Jung in July 2021. The prosecution believes that Park, who was in charge of fine dust-related work at the Ministry of the Interior and Safety at the time, handed over official documents related to fine dust policies to Lee’s side and received the coins as a quid pro quo.


FurEver Coin was issued in 2020 as a structure where users of an air quality management platform provide data and receive coins in return, but it was delisted last May due to reasons including providing false information.


This coin became widely known this year due to the Gangnam kidnapping and murder case. It was investigated that the couple Hwang Eun-hee (49) and Yoo Sang-won (51), who were sentenced to prison in the first trial for ordering the crime, and the victim had conflicts after losing money investing in this coin.



A prosecution official stated, "We will strictly respond not only to market manipulation fraud crimes using virtual assets and corruption crimes related to exchange listings but also to public official corruption crimes arising in the course of virtual asset-related businesses."


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing