QILIN

Foremost Asset Management

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Foremost Asset Management, KoreanLeak3 - First and foremost, they forgot the rules of survival in the market. Company was established in 2021 in Seoul, South Korea. Young businessman Kim Yong-chol was confident that he could manage investment products, including private equity funds, hedge funds, real estate, and venture capital. But the company's existence was short-lived and inglorious. Foremost Asset Management did not have any major deals to its credit. The only thing they did that attracted public attention was holding a seminar for developers. What prevented the company from developing in the market? Competition, lack of capital, lack of experience? No. First and foremost, it was overconfidence. They did not pay enough attention to the protection of personal data. As a result, confidential data, including financial statements, personal information of investors and bank accounts, became publicly available. After such a failure, it is unlikely that they will be able to attract any investment. Well, maybe it's for the best. The market is self-cleansing. Those who care about their own security first and foremost are the ones who survive.

2025-09-30 00:00:00

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Personal data, Financial data, Internal documents, Other