The CEO of a major South Korean P2P lender is accused of using funds for a construction project to make personal crypto purchases. An unnamed investor had been investing in the lender's construction project since 2018. The investor realized that the funds were being used for the CEO's personal crypto investments instead of the residential building project. The CEO has not provided a full explanation and the investor plans to take legal action. This incident further damages trust between companies and the investor aims to expose the embezzlement and customer deception.



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