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CEO of top South Korean P2P lender accused of ‘using clients’ funds to buy crypto’

The CEO of a prominent South Korean P2P lender is accused of misusing funds meant for a construction project to invest in cryptocurrencies. An investor filed a lawsuit claiming that their investments were diverted for personal crypto transactions instead of development.

The investor emphasized that the situation reflects a severe breach of trust. They demand full accountability for the missing funds and have accused the CEO of moral misconduct, further stating that justice must be served to restore confidence in the P2P lending sector.

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