South Korea’s Kim Byung-ki Under Fire For Alleged Crypto Exchange Conflict Of Interest

Kim Byung-ki, floor leader of South Korea’s ruling Democratic Party, faces mounting pressure to resign over conflict of interest allegations.

A former aide claims Kim instructed staff to “attack” cryptocurrency exchange operator Dunamu after his son secured an internship at rival Bithumb.

The lawmaker oversees financial institutions through his position on the National Assembly’s Political Affairs Committee.

What Happened

Kim’s son was hurriedly hired as an intern in Bithumb’s data analysis team immediately after the lawmaker’s private meeting with the exchange in November 2024, according to investigative outlet NewsTapa.

A former aide told Kyunghyang Shinmun newspaper that Kim suddenly instructed them to prepare questions targeting…

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