K-Pop Crypto Scam? Cube’s CEO Accused Of Token Scheme
The CEO of K-pop giant Cube Entertainment is under fire after being accused of participating in a crypto investment scam. He is suspected of allegedly using the entertainment company to inflate the price of the alleged scam token and now risks legal action.
K-Pop Powerhouse CEO Under Fire
On Thursday, local news reported that Kang Seung-gon, CEO of Cube Entertainment, was accused of participating in a crypto scheme In 2022. Kang, who is the company’s majority shareholder, allegedly used the K-pop powerhouse to inflate a cryptocurrency’s value and encouraged people around him to invest in the token.
In March 2022, Cube invested 100 million won, worth around $67.834, in Nestree Group Media (NMG) by participating in the…
