CryptoQuant founder and CEO Ki Young Ju posted on platform X that if Michael Saylor (founder of MicroStrategy) were born in South Korea, he would likely end up in prison. South Korea is not a Bitcoin-friendly country, and without politicians who truly understand Bitcoin, it is difficult to encourage companies or governments to adopt Bitcoin financial strategies; no one knows what is happening right now.

Ki Young Ju added that the South Korean president knows nothing about Bitcoin, the South Korean Securities and Exchange Commission hates Bitcoin, while the South Korean National Tax Service wants to tax using Bitcoin; they are completely out of sync, it's entirely a farce.