Mr. Park Mo, Vice President of Seer, the largest shareholder of South Korean cryptocurrency exchange Bithumb, was reportedly found dead in front of his home at 4 am, on the morning of December 30.
Prior to his death, Mr. Mo had been named as the prime suspect in an investigation launched by South Korean prosecutors for his alleged involvement in embezzlement from Bithumb-related companies, as well as price manipulation. of actions.
In October 2021, the Financial Investigation Division of the Seoul Southern District Prosecutor's Office launched an investigation into the allegations against Mr. Park Mo, which led to the seizure of Bithumb-affiliated companies such as Vident, Inbiogen, and Bucket Studio.
Vident, a KOSDAQ-listed company, is known to be the largest shareholder in Bithumb, holding a 34.22% stake in the cryptocurrency exchange.
According to Money Today, the vice president of Vidente, the largest shareholder of South Korean cryptocurrency exchange Bithumb, committed suicide by jumping off a building while under investigation by South Korean prosecutors suspected of corruption and price manipulation.
— Wu Blockchain (@WuBlockchain) December 30, 2022
It is suspected that Mr. Mo may have taken his own life due to the nature of the criminal charges that had been brought against him.
Related: Amber Group Co-Founder Tiantian Kullander Passes Away at 30
In the last three months, the number of deaths within the cryptocurrency community has been remarkable.
On Nov. 1, Cointelegraph reported that Nikolai Mushegian, co-founder of cryptocurrency lending platform MakerDAO and decentralized Dai (ICD) stablecoins, was found dead in Puerto Rico at the age of 29.
the nov. 23, Amber Group Co-Founder Tiantian Kullanderalso known as "TT", he passed away unexpectedly in his sleep at the age of 30, leaving behind a wife and son.
The Russian Billionaire Vyacheslav Taran, Chairman of Libertex Group and founder of Forex Club, also died on November 25 in a helicopter crash in France while en route from Lausanne, Switzerland, to Monaco. He was 53 years old.
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