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Happy Money Victims Hold Press Conference To Demand Relief In Seoul

Victims of the Happy Money incident are gathering in front of the Financial Supervisory Service (FSS) in Yeouido, demanding justice and compensation on August 2, 2024, in Seoul, South Korea. These individuals, primarily ordinary citizens, are purchasing Happy Money vouchers to save on living costs, with some even receiving them as part of their annual bonuses. One victim is sharing that many are relying on the vouchers for essential daily expenses, emphasizing the severe impact of their sudden devaluation. The protesters are voicing frustration over the lack of regulatory oversight that is leading to the collapse of Happy Money Inc. and are demanding government accountability for the financial oversight failure. Victims are also criticizing local media for unfairly portraying them as naive or reckless, instead of addressing the broader systemic issues and regulatory gaps that are allowing the collapse. (Photo by Chris Jung/NurPhoto)

Photo ID	#11449975
Date Taken	2 August 2024
Location	N/A
Photographer	Chris Jung/NurPhoto
Category	Social Issue
Copyright	© 2026 NurPhoto - Chris Jung/NurPhoto

Seoul South Korea Happy Money Ponzi Scheme Criminal Victims Financial Supervisory Service Financial Crime E-Commerce Crime E-Commerce Information and Communication Social Issues Financial Authorities Finance Online Money Timon Qoo10 WeMakePrice Victims Happy Money incident Financial Supervisory Service FSS Yeouido justice compensation August 2 2024 Seoul South Korea ordinary citizens Happy Money vouchers living costs annual bonuses essential daily expenses devaluation protesters frustration regulatory oversight Happy Money Inc. government accountability financial oversight failure local media unfair portrayal naive reckless systemic issues regulatory gaps collapse Chris Jung NurPhoto financial impact protest oversight failure.