Park Min Young’s Appointment to Family Company Board Raises Eyebrows, Agency Issues Statement

Park Min Young controversy
Park Min Young controversy
Credit: Hook Entertainment
Park Min Yung‘s family ties to construction company One Stone raised questions about its possible link to her controversial ex-boyfriend and the alleged Bithumb owner, Kang Jong Hyun.

A representative from Hook Entertainment told Star News on February 21st, “One Stone is run by Park Min Young’s family, and their business is solely focused on leasing out real estate properties.” They denied any connection to Kang, as claimed by some.

On Wednesday, a media outlet reported that Park Min Young is listed on the board of directors at One Stone, a small construction company established in February 2013 and located in the Amsa neighborhood of Seoul. According to corporate registration records, One Stone’s business changed from travel to leasing real estate properties. Park Min Young was registered on the board of internal directors on June 5th, 2018, which expired in June 2021. She was then placed back in the position in April 2023.

It was previously reported that Park Min Young was in a relationship with Kang Jong Hyun last year. The prosecution suspected Kang Jong Hyun of being the real owner of the cryptocurrency exchange Bithumb and of participating in stock manipulation through his sister, Kang Ji Yeon, CEO of Bithumb affiliates INBIOGEN and Bucket Studio. These affiliates allegedly issued convertible bonds worth 780 billion won in 2020 and spread positive information to raise the stock price. Kang Jong Hyun was arrested on February 2nd, 2024, on related charges.

Park Min Young’s appointment as an inhouse director of One Stone coinciding with her relationship with Kang Jong Hyun raised questions about the possible involvement of her family company in his alleged activities.

Source (1, 2)

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