Allegations of "coin investment" by Congressman Kim Nam-kuk of the MDP are tailing off, and among the additional allegations, some of the clarification materials issued by Congressman Kim have boomerang. Experts are analyzing and filling in the gaps that did not refute or explain Congressman Kim's explanation. Congressman Kim's selective clarification appears to be amplifying the controversy. Let's take a look at some of the things that experts don't find unusual.


"Cryptocurrency, up to 60 billion, but more"

There is a new suspicion that Congressman Kim Nam-kook holds much more virtual currency than was initially known, a suspicion raised yesterday (9th) by the virtual asset community 'Byeon Chang-ho Coin Academy'.

The community unveiled a virtual asset wallet called "Klip" (the name of a wallet service provided by Kakao) believed to belong to Congressman Kim Nam-kook, which is estimated to have held more than 127.80 million WeMix coins at one time.

This means that Congressman Kim held about 30,60 more coins than the 85,2021 that he reportedly withdrew in early last year. In terms of the maximum value, it is more than 10.<> billion won, not the <> billion won originally known.

The community explains that virtual currency is based on blockchain technology, so you can easily view the transaction history by knowing the address of the wallet.


When asked by reporters on his way home from work, "Is the virtual asset wallet that was disclosed to him be his?" he said, "I don't know because I can't confirm the contents. There is no room for fraudulent money to come in," he said, dismissing the allegations and immediately answering whether the wallet address belonged to him.

There was also a suspicion that the coin that Congressman Kim bought by selling shares in <> was not WeMix, but a coin called BitTorrent. BitTorrent is said to have become a hot topic among coin investors due to its high price at the time, and it is said that it has soared more than <> times in the two months since the time of Kim's purchase.


Is it a mistake to provide clarification?

So, how could we estimate the address of Congressman Kim's "clip" wallet? The community says that it was easy to find Congressman Kim's wallet address, but if you leave out the technical explanation, it can be said that Congressman Kim exposed himself in the process of clarifying.

Congressman Kim issued a statement that said it was a legitimate investment that day (8th), and attached to the statement was a captured image of the creation of a wallet. From these data, we were able to infer the address of the clip wallet.

A community insider said, "We would have done a legal review and released the data. I would have covered everything up and made it public, but I wouldn't have expected the address to be identified. It was an amateurish mistake and I felt like I lacked knowledge about on-chain (one of the ways of recording blockchain transactions)."

More easily, he compared the materials released by Congressman Kim to fingerprints. "It's like revealing part of your fingerprints. Even if it is part of the fingerprint, there can only be one matching wallet. So I was able to identify (Congressman Kim's wallet address)."


Since Congressman Kim's clip wallet address has been made public, experts are verifying Congressman Kim's explanation and raising additional suspicions. Congressman Kim explained that the KakaoTalk clip wallet contains about 2 million won, but when checked through the address, it was claimed that it contained 1 million won, which is more than this.

Experts have raised a number of other allegations. Congressman Kim's explanation is shaking, and much of the additional suspicion starts from Congressman Kim's clarification data.


Game Society "Suspect Wemix Interest Community"

The Korea Game Association issued a statement urging "a full investigation into whether members of the opposition National Assembly and their aides are investing in Wimix." But it is said that there is a reason to investigate the whole thing.


The Game Society said, "For several years, there have been rumors that P2E (Play to Earn) companies, associations, and organizations are lobbying the National Assembly."

Since last year, there has been a demand in the National Assembly to allow P2E games, and the association said, "We cannot help but wonder if it is the result of the formation of a 'community of interests' surrounding Wemix." To put it simply, I suspect that the game company that published WeMix lobbied.

If, as the society suspects, the game company lobbied the National Assembly, there may be more politicians with Wimix, not just Kim. That's why the society called for a full investigation, saying, "The circumstances of how the person who owns Wimix came to have it should be clarified."

(The rest of the story is from the soup)