Bucket Studio on Prosecutor's Search and Seizure: "Many Inaccurate Details... Cooperating Sincerely with Investigation"

[Asia Economy Reporter Jang Hyowon] Bucket Studio recently stated on the 12th regarding the fact that the Seoul Southern District Prosecutors' Office conducted a search and seizure related to embezzlement allegations against the management of its affiliates Bucket Studio, Inbiogen, and Vident, "There have been two search and seizures so far, but many of the publicly known details are inaccurate, which is regrettable," adding, "We are fully cooperating with the investigation authorities' requests and closely monitoring all situations."

Regarding this search and seizure, a Bucket Studio official said, "According to confirmed information, there are absolutely no embezzlement allegations against the management under investigation by the prosecution," but added, "However, it is difficult for the company to issue a separate official statement to cooperate with the investigation."

They continued, "While the truth behind various allegations will be revealed, we kindly ask to refrain from exaggerated or speculative reports as much as possible."