Severe weather conditions and the intervention of South Korean coast guards prevented a suspected South Korean crypto price fixer from fleeing the country for China. The individual, known as Park and nicknamed Jon Bur Kim, was arrested on December 20. Park, a 42-year-old crypto market maker, had previously been banned from leaving the country while under investigation for crypto price manipulation. The case also involves former high-ranking executives from the Coinone crypto exchange. Park attempted to overturn the ban but was unsuccessful, leading him to try to escape by sea. However, a storm disrupted his plans, and he was apprehended by the coast guards. Prosecutors believe that Park may be involved in market manipulation at Coinone. The trial for the former executives of the exchange began on December 14. Park has also been linked to an altcoin related to air pollution reduction.
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