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Kakao founder indicted for stock manipulation

By Inquirer - 4 months ago
Seoul, South Korea — The billionaire founder of South Korean internet conglomerate Kakao was indicted on Thursday for stock manipulation in his pursuit of buying K-pop powerhouse SM Entertainment. Kim Beom-su has been held since his arrest last month, accused of manipulating stock prices in an attempt to thwart a rival bid by HYBE —

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