The ruling party's floor leader in South Korea is accused of launching an attack against an exchange after his son was hired by an exchange.

Kim Byung-ki, the floor leader of the ruling Democratic Party in South Korea, was accused of attacking the South Korean cryptocurrency exchange an exchange after his son obtained an internship position at an exchange.

A former assistant of Kim Byung-ki revealed that he was suddenly instructed in February to "attack" an exchange operator Dunamu, calling its "monopoly-like" market dominance a serious problem. It is reported that this instruction occurred shortly after Kim Byung-ki's private meeting with an exchange.

Kim Byung-ki denied these allegations, stating that he only expressed the common-sense view that "the monopoly of any company cannot be justified" and said that an exchange's operations and recruitment are "completely unrelated to me."