‘TeamF affair’ Gu Young-bae ”Planning a seller compensation program, in communication with the financial industry” (2nd)

“Quinton CEO Goo Young-bae said, ‘I will sell most of my Quinton shares, which account for the majority of my assets, or use them as collateral to address the current situation,'”
“He continued, ‘To secure emergency liquidity for supporting the recovery of damages, we are working on bringing in Quinton’s overseas funds and pursuing the disposal or collateralization of Quinton assets and shares to attract new funds.'”
“He also revealed the scale of damages and future plans for the seller (partner) victims.”
“Goo added, ‘Due to various factors, it is difficult to estimate accurately, but if both parties (Temaphe) fail to promptly restore the existing settlement support system for partner companies, concerns are raised about the increasing damages to sellers.’ He stated, ‘In response, we are preparing a seller compensation program, including delayed interest payments and commission reductions, and are making efforts to communicate and cooperate with partner companies, financial institutions, and relevant organizations.'”
“He further expressed, ‘I sincerely hope that the current situation will not have a negative impact on the e-commerce market in South Korea and earnestly request the cooperation of all partner companies and relevant organizations.'”