How K-pop might lead to the downfall of Korea’s richest self-made tech mogul

/ Kakao Corp. is huge in Korea, but its founder now finds himself fighting to stay out of jail — because he bought a K-pop agency.

By Victoria Song, a senior reporter focusing on wearables, health tech, and more with 12 years of experience. Before coming to The Verge, she worked for Gizmodo and PC Magazine.

Every Korean, Korean American, or K-pop fan you know probably has the KakaoTalk app. Photo: Getty Images

Kakao Corp. founder Kim Beom-su was arrested Tuesday in Seoul, South Korea. That might not mean much to Westerners, but the story is a bizarre tale of how a celebrated, self-made tech billionaire fell from grace… partly because

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