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S Korean Nat’l Broadcaster Exec Received Crypto from Head of Pyongyang-linked Body

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Source: SashaMagic/Adobe An executive news director at the national South Korean broadcaster KBS received “ crypto&rdquo ; from a figure at the head of an organization with alleged ties to North Korea, an official audit has revealed. Per DongA Ilbo, auditors explained that the news director, identified by his surname Jin, had lent money to a man surnamed Ahn, and identified as the Chairman of the Asia-Pacific Exchange Association (abbreviated as APIA). Jin, the audit revealed, lent Ahn a sum of around $7,000 in 2019. But in 2020, Ahn appears to have returned the money in crypto – handing Jin 200,000 tokens of an unnamed cryptoasset. The auditors presented their findings in front of the National Assembly, where an MP for the ruling People’s Power Party said that it did not “make sense” that a “journalist should loan money” to the head of an organization like the APIA. According to its website, the APIA is a group that is focu...