TechFlow to a report by Dlnews on December 29, Kim Byung-ki, the floor leader of South Korea's ruling Democratic Party, has been accused of attacking the South Korean cryptocurrency exchange Upbit after his son was granted an internship at Bithumb.
A former aide to Kim Byung-ki revealed that he was suddenly instructed in February to "attack" Upbit operator Dunamu, claiming its "monopolistic" market dominance was a serious problem. This instruction reportedly came shortly after Kim Byung-ki's private meeting with Bithumb, and his son was subsequently hired as an intern on Bithumb's data analytics team.
Kim Byung-ki denied the allegations, saying he was merely stating the common-sense view that "no company's monopoly can be justified," and that Bithumb's operations and hiring were "completely unrelated to me."
