Kakao Corp. Founder Arrested Amid K-Pop Acquisition Controversy
On Tuesday in Seoul, South Korea, Kakao Corp. founder Kim Beom-su, also known as Brian, was arrested on charges of manipulating SM Entertainment’s stock price during a high-profile acquisition battle. The competition for SM Entertainment involved Kakao's chief rival, Hybe, the K-pop label famous for BTS. Last year, prosecutors indicted...