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Man indicted for attempting to murder partner after crypto losses

February 23, 2026, 5:16 AM
A man has been indicted while in custody for attempting to murder his business partner by giving him a drink laced with pesticide, Munhwa Ilbo reported. The man is accused of the murder attempt, which took place around 12:00 p.m. UTC on Nov. 23 of last year at a cafe in Seoul. The two men operated a business that managed investment funds through a Bitcoin investment program. According to the investigation, a conflict began after the accused personally invested and failed to recover company funds of around 880 million won (about $638,000), part of a total personal investment loss of 1.17 billion won (about $848,000). South Korean prosecutors believe the man decided to commit the crime after the company's financial situation deteriorated due to a decline in Bitcoin's price, which led his partner to take over management of the firm's funds.

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