"Click from the Chief's Office"... Controversy over the SNS of the CEO of the 'Scam Coin' Suspected Company under Investigation

Posted on SNS a photo with the Provincial Police Chief while under investigation as an accomplice to fraud

Amid growing suspicions surrounding a 'scam coin' (fraudulent cryptocurrency) involving celebrities, YouTubers, and athletes, controversy has arisen after it was revealed that the CEO of the coin company, who has been criminally charged, had contact with a high-ranking police official.

On the 17th, a photo of Mr. A, a representative of a coin company suspected of scam coin activities, taken in the meeting room of Chief B of a local police agency, has been circulating on internet communities. The photo was taken when Mr. A visited the local police agency on the 17th of last month, and it became public after he posted it on his social media (SNS).

He posted photos showing him shaking hands with Chief B and sitting alone at the chief’s seat in the meeting room, which displayed rank insignia, captioning them with phrases like 'Chief’s Office' and 'Chief ○○○.' The coin company Mr. A is affiliated with is suspected of illegally attracting tens of billions of won in investment funds from about 30 investors by deceiving them into believing the coin would soon be listed, using celebrities, YouTubers, and other famous figures as promoters. Additionally, Mr. A is reportedly under investigation as a suspect for aiding fraud in a separate coin scam case by a police station under the local police agency led by Chief B, further intensifying the controversy.

In response, one netizen posted a 'proof post' stating they reported Chief B to the Anti-Corruption and Civil Rights Commission. As suspicions spread, Chief B explained, "On the day the photo was taken, a senior from my hometown said he would briefly visit the office, and he came along with his son and his son’s friend, Mr. A." He added, "It was my first time meeting Mr. A, and I was unaware at the time the photo was taken that he was under investigation for the coin scam case."

The police had applied for a pre-arrest warrant for Mr. A about a month before the photo was taken, in December of last year, but the warrant was rejected by the prosecution. After conducting supplementary investigations, the police plan to send Mr. A to the prosecution without detention soon.

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