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Recently, I informed you that the price of Arowana token, a cryptocurrency, rose over 1,000 times and then plummeted. Hancom, a renowned company, was attracted more attention in the market because of its investment by affiliates of Hancom Computer, but Hancom is drawing a line with the purpose of participating as a technology partner. So, we interviewed the relationship between the largest shareholder of Arowana token issuer and the family of the chairman of Hancom Group.



This is the exclusive report by reporter Kim Jung-woo.



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Arowana token issuer is Arowana Tech, a paper company created in Singapore with a capital of 8.4 million won.



The largest shareholder is CEO Yoon Mo, who owns 95% of the shares.



Yun, who has no history of blockchain or cryptocurrency, was identified as the deputy director of a private musical instrument museum in Gyeonggi-do.



[Museum officials: (When can we meet?) Unspecified. (I need to contact you.) Right.] The head of



this musical instrument museum was Mr. Kim Mo, wife of Hancom Group Chairman Kim Sang-cheol.



An insider of the group testifies that Mr. Yoon is special with the chairman.



[Hancom Group officials: I have a personal relationship with the chairman of Hancom, so he helps me a lot with the company, and I do a lot of errands for the chairman. It's almost as an advisor in the group.]



Another official said, "Yun wasn't involved in the issuance of cryptocurrency at all."



[Kim Seung-ju/Professor, Graduate School of Information Security, Korea University: It's definitely correct that it doesn't look neat. If there is a story like'just done a little,' you shouldn't put the name here.]



Hancom Affiliate, Hancom Weed, announced plans to develop a blockchain-based digital asset platform by unveiling the current Arowana token partners in January, after which the stock price doubled Soared closer.



Chairman Kim's wife, the company's second largest shareholder, sold 170,000 stocks three times at the time.



Since then, the number of Arowana tokens listed in April has increased to 500 million units, more than 1,000 times the listing price on the first day of the transaction.



Hancom's name value played a part in this.



Even now, the market cap is around 3,000 won per unit and 1.5 trillion won.



As the SBS coverage began, Hancom said, "If the Hancom Group comes to the fore, attention can be focused, so we have set up a neutral person as the CEO," and said, "In consideration of market concerns, CEO Yoon resigned from his position today."



(Video editing: Kim Jong-mi, VJ: Jung Min-gu)