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flag South Korean tech tycoon Brian Kim (Kakao Corp. founder) indicted on stock manipulation charges related to SM Entertainment acquisition.

flag South Korean tech tycoon and Kakao Corp. founder Kim Beom-su, known as Brian Kim, has been indicted on stock manipulation charges related to his acquisition of K-pop agency SM Entertainment. flag Kim, who founded internet giant Kakao, allegedly directed executives to buy large amounts of shares in SM Entertainment to inflate its stock price and undermine a competing offer from rival agency Hybe. flag This case has sent shockwaves through South Korea's technology industry, making Kim the most high-profile tech executive to be placed behind bars in the country. flag Kim's legal battle has also raised concerns about the future of up-and-coming innovators as they challenge the country's conglomerates.

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