According to ChainCatcher, the Virtual Asset Crime Joint Investigation Team of the Seoul Southern District Prosecutors' Office announced on the 1st that Mr. Park (Johnber Kim) was arrested and charged with fraud and violation of legal provisions. Mr. A (38 years old), a business partner who helped Mr. Park commit crimes, was indicted and not detained.

The prosecutors said that Mr. Park and others issued and listed the fraud token "Grape" from February 2021 to April of the following year, artificially raised the price of the token, and then sold it all, suspected of embezzling 80.9 billion won (about 58.6 million US dollars). The actual profit they made is estimated to be 21.6 billion won (about 15.81 million US dollars).