TechCrunch reports:
Coupang’s massive data breach in South Korea has now become a geopolitical flashpoint as a growing number of the company’s U.S. investors take legal action against the South Korean government.
What began as a regulatory investigation into data security failures has expanded into a broader dispute over alleged unfair treatment of the U.S.-headquartered company.
While Coupang — which operates in South Korea, Taiwan, and Japan — is often referred to as the “Amazon of South Korea,” its worldwide headquarters are actually in Seattle, Washington.
The company’s investors are now seeking international arbitration under the U.S.-Korea Free Trade Agreement (FTA).
Read more at TechCrunch.
