ํฌ๋ฆฌ์ค์ฐฌ ํ์์ ์์ธ์ ์๋ ์ฃผ๋ฏธ๋์ฌ๊ด์ ์๋ฆฌ์ธ์. ๋ฏธ๊ตญ ๊ตญ๋ฌด๋ถ๊ฐ ํด๋ง๋ค ์ฌ๋ฌ๋๋ผ์ ์ธ๊ถ๋ณด๊ฑฐ์๋ฅผ ํด๋น ๋๋ผ๋ง๋ค ๋ง๋ญ๋๋ค. ํ๊ตญ์ ๋ํ ์ธ๊ถ ๋ณด๊ฑฐ์๋ ์์ธ ์ฃผ๋ฏธ๋์ฌ๊ด์์ ์์ฑํฉ๋๋ค. ๊ทธ๋ฌ๋ ๊ฑฐ๊ธฐ์ ์๋ฃ๋ค์ ๋ณด๋ค์ธ์.
This religious persecution should be included in the annual Human Rights report by the US State Department.
From a friend in Korea, with more evidence of the Korean governmentโs anti-American bias:
โI write to you as a concerned observer of recent developments in South Koreaโs regulatory and political environment โ developments that I believe warrant international attention, especially from U.S. investors and media watchdogs.
A massive data breach at Coupang โ a company listed on the U.S. stock market โ has triggered an extraordinary response from the South Korean government, raising alarm bells over whether this is about data protection or political and economic restructuring in favor of foreign competitors.
Key Facts
Recent reports indicate roughly 33.7 million Coupang user accounts were compromised, including sensitive personal information such as names, phone numbers, and shipping addresses. The government immediately announced its intention to impose the maximum legal penalty โ 3% of annual revenue, which could amount to over KRW 1.3 trillion (โ USD 1 billion).
Source: https://t.co/MxKp88wE0t
Officials from the privacy commission have publicly declared they intend to apply the highest possible fine under newly revised privacy laws. Furthermore, the Presidential Office has supported calls for punitive damages against the company.
Earlier this year, another major breach at SK Telecom resulted in a fine of KRW 134.7 billion โ a fraction of what is proposed for Coupang, despite the scale of the breach being comparable.
A government-run joint task force comprising multiple ministries and law-enforcement agencies has already launched an aggressive, multi-pronged investigation into Coupangโs infrastructure and internal controls.
Why This Should Concern U.S. Stakeholders and International Observers
Coupang is legally registered in the U.S. and traded on the New York Stock Exchange. A draconian and singularly harsh regulatory crackdown against a U.S.-listed company โ especially in favor of non-U.S. competitors โ may signal regulatory arbitrage or political market reengineering rather than genuine consumer protection.
This case may be the start of a broader pattern:
โข Domestic political and economic pressures overriding fairness and due process
โข Market reshuffling that disadvantages Korean-origin large companies in favor of foreign or Chinese-linked platforms
โข A precedent that undermines both business freedom and judicial independence in South Korea
For U.S. investors and global markets, this creates a dangerous new dynamic:
โข Legal and regulatory risk no longer tied only to operating business conditions, but to political winds
โข A signal that investing in companies with significant Korean operations may carry unexpected geopolitical exposure
The Importance of International Attention
American media and investor communities must understand:
This is not just a domestic data-breach issue.
It may mark a turning point in how South Korea enforces regulations against large companies โ particularly those connected to foreign capital or competing with Chinese e-commerce giants.
Silence from international stakeholders could enable a systemic shift away from rule-based markets toward politically managed business environments.โ