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Economy

Kakao Founder Faces Possible 15-Year Sentence Over Stock Rigging Allegations

DailyTrend

Aug 31, 2025 - 15:00

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Kakao Founder Faces Possible 15-Year Sentence Over Stock Rigging Allegations

Prosecutors seek 15 years in prison for Kakao founder Kim Beom-su in the SM Entertainment stock-manipulation case, which could have larger effects on the K-pop industry.