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AI & Enterprise

Asteromorph CEO Lee Min-hyung objects to police decision clearing professor over education claims

Lee Min-hyung (이민형), chief executive of Asteromorph, has filed an objection after police decided not to refer a Yonsei University Wonju College of Medicine professor he accused of raising allegations about his education and career. Police in Wonju, Gangwon Province, cited insufficient evidence in their July 26 decision. Lee’s objection led to the case being transferred to prosecutors under procedures, which does not mean the earlier decision was overturned.

AI & Enterprise

KISA chief facing dismissal challenges audit findings, cites procedural flaws

Lee Sang-jung (이상중), head of the Korea Internet & Security Agency, challenged audit findings at a parliamentary audit on Oct. 15 after the board approved a motion recommending his dismissal over allegations including misuse of a corporate card. Democratic Party lawmaker Lee Jeong-heon questioned Lee’s past career and raised suspicions of false entries and shifting responsibility to staff. Lee denied false resume claims and said there were procedural problems in the audit.

Crypto

China seeks forfeiture of crypto worth about $5 billion in investment fraud case

Chinese authorities have started procedures to confiscate about $5 billion worth of bitcoin and millions of units of XRP and dogecoin linked to a major investment fraud case, a blockchain outlet reported. A Tianjin court accepted an application to forfeit crypto seized from Chen Zhimin, who was convicted of money laundering. The seizure list includes 61,896.41552945 bitcoin and other tokens. Assets also include cash, jewellery, deposits and portfolios.