CoinVoice has recently learned that, according to Cryptonews, Kara member Park Kyuri is facing additional cryptocurrency-related charges. Park Kyuri is accused of being involved in the Pica Coin cryptocurrency fraud case associated with Park Geun-hye's ex-boyfriend Song Ji-hoo. Pica Coin is a low market value token themed around art.
Park Kyuri stated in court that she did not participate in any illegal cryptocurrency schemes or actions to manipulate token prices. She claimed that during her time as 'Chief Communications Officer and Advisor' at Pica, she was only involved in the planning and promotion of art exhibitions as an employee and was unaware of matters related to crypto assets.
Nevertheless, Pica Coin CEO Seong Hae-joong stated that Park Kyuri's statement is false and that she had received cash compensation from Song. Currently, Song has been arrested for fraud and breach of trust, with prosecutors accusing him of soliciting non-existent art investment and manipulating Pica Coin prices for personal gain. [Original link]
