How K-pop might lead to the downfall of Korea’s richest self-made tech mogul

Kakao Office and Store as Founder Faces Arrest in Market Manipulation Case Every Korean, Korean-American, or K-pop fan you know probably has the KakaoTalk app. | Image: Getty

Kakao Corp. founder Kim Beom-su was arrested Tuesday in Seoul, South Korea. That might not mean much to westerners, but the story is a bizarre tale of how a celebrated, self-made tech billionaire fell from grace... partly because he bought a scandal-ridden K-pop agency.

Kim, who also goes by Brian, stands accused of manipulating SM Entertainment’s stock price during a high-profile acquisition batt...

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