According to @ReutersBiz, a South Korean court cleared Kakao billionaire founder Kim Beom-su of stock manipulation charges, sending Kakao shares up about 5% on the day, source: Reuters Business. According to @ReutersBiz, Kakao operates the country’s dominant chat app, contextualizing the strong stock reaction to the legal overhang removal, source: Reuters Business. Kakao is linked to the Klaytn blockchain (KLAY) through its affiliate ecosystem including Ground X and the Klip wallet, which makes the ruling relevant to traders monitoring Korea-related crypto assets, source: Klaytn Foundation. The @ReutersBiz report did not mention any immediate crypto token moves, source: Reuters Business.