深潮TechFlow
深潮TechFlow|Sep 01, 2026 00:10
[South Korea Presidential Office Policy Chief Kim Yong-beom Resigns Amid Criminal Charges Over Leveraged ETFs] Deep Tide TechFlow reports that on September 1, South Korea Presidential Office spokesperson Kang You-jung confirmed that Kim Yong-beom, the Policy Chief of the Presidential Office, submitted his resignation yesterday, which has been approved by South Korean President Lee Jae-myung. According to media reports earlier last month, Kim Yong-beom faced criminal charges including abuse of power, coercion, and obstruction of business for introducing leveraged ETFs tied to individual semiconductor stocks. These products were believed to have exacerbated market volatility and caused investors to suffer losses amounting to billions of dollars.
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