Min Hee-jin Applies for Seizure of Hive's Deposit Account 'Winning 25.5 Billion'

*This content was translated by AI.

Min Hee-jin, former CEO of ADOR, applied for the seizure of his deposit account against Hive.

Min Hee-jin released a scanned copy of the document on his SNS on the 23rd, explaining, "Application for seizure of deposit accounts."

The document he released was a certificate that creditor Min Hee-jin applied for bond seizure and collection orders against debtor Hive, Inc., and was received on the 20th.

The document said, "We certify that an application for bond seizure and collection order has been received in the above case." This is interpreted as a follow-up procedure for Min Hee-jin's winning the previous shareholder contract and the stock trading price lawsuit following the exercise of put options.

Earlier on the 12th, the Seoul Central District Court's Civil Agreement Department 31 (Chief Judge Nam In-soo) held a ruling on Hive's decision to terminate the contract between shareholders and Min Hee-jin's stock trading charges against Hive, saying, "We reject Hive's claim, and Hive will bear the cost of the lawsuit. In addition, he ruled in favor of Min Hee-jin, saying, "Min Hee-jin's exercise of put options is justified and should pay an amount worth 25.5 billion won."

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*This content was translated by AI.