Two major investors in Coupang on Thursday urged the Trump administration to investigate the South Korean government as Sen. Mike Lee (R-UT) accused South Korea of “unprecedented persecution.”
Greenoaks and Altimeter, two tech investors in the e-commerce company, said that they have filed arbitration claims against South Korea under the U.S.-Korea Free Trade Agreement, or KORUS, accusing the country of a witch hunt against Coupang after there was a major consumer data breach that led to billions of dollars in losses for investors.
Joe Lonsdale, a founder of Palantir, said on X:
S Korea’s government is making a huge mistake following in China’s…
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