Lawmaker Kim Byung-ki’s Former Aide Allegedly Pressured FSS to End Upbit's Stablecoin Fee Promo South Korean @polinlove have launched an investigation into explosive allegations that a former parliamentary aide used political pressure to manipulate an intense stablecoin fee war between domestic crypto exchange giants @Official_Upbit and @BithumbOfficial. According to reports, the aide to independent lawmaker Kim Byung-ki allegedly coerced the Financial Supervisory Service last February to force Upbit into ending its aggressive $USDC and $USDT fee reduction campaign. This unprecedented intervention purportedly aimed to bail out rival exchange Bithumb, which was suffering severe financial bleeding from a zero-fee promotion implemented to counter Upbit's massive capital advantage. Deepening the controversy over potential quid pro quo collusion, authorities noted that the aide secured an unofficial advisory role at Bithumb just months after the intervention, coinciding with the lawmaker's son also being hired by the exchange as an intern. While Bithumb firmly denies any knowledge of political meddling, claiming its fee adjustments were strictly independent business decisions, the unfolding scandal threatens to cast a heavy shadow over the integrity of the local crypto market's competitive landscape.

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