Overview
- The task force, led by the Science and ICT Ministry, brings together the Personal Information Protection Commission, media and financial regulators, the Fair Trade Commission, police and intelligence to coordinate probes and policy responses.
- Lawmakers moved to file a complaint against founder Bom Kim for failing to appear at audits and hearings, escalating efforts to hold top leadership accountable.
- Authorities said the Fair Trade Commission could temporarily suspend some or all of Coupang’s e-commerce operations depending on investigation findings.
- Interim Korea head Harold Rogers apologized at the hearing, said a compensation package is being prepared, and cited an SEC filing noting no payment data or passwords were compromised and no material disruption to operations.
- Civil actions accelerated as roughly 240,000 users filed compensation claims in Seoul and thousands joined a U.S. class-action suit tied to the breach affecting about 33.7 million accounts.