According to ChainCatcher, an internal review by the Korea Sports Commission found that an employee stole a company credit card to buy beef and embezzled other employees’ salaries to invest in Bitcoin.
The audit results showed that the employee used the company credit card of the Athletes' Village Operations Department to purchase beef and other items worth approximately 600,000 won.
The employee forged company emails and transferred about 3.5 million won of other employees' wages into his own account. He used the money to invest in Bitcoin and spent about 4.6 million won of public funds at Japanese restaurants and other places.
