Coupang disclosed to the U.S. Securities and Exchange Commission (SEC) the so-called "self-investigation" results it had released without consulting the Korean government, exactly as they were.
According to the SEC filing system on the 30th (local time), Coupang said in documents submitted the previous day that "there was access to 33 million customer accounts, but the perpetrator stored only about 3,000 cases of limited data," and "the data was deleted without being shared with any third party."
This is identical to the self-investigation results Coupang released on the 25th and has not been verified by investigative authorities.
Previously, Bae Kyung-hoon, Deputy Prime Minister and Minister of the Ministry of Science and ICT and Head of Team of the "pan-government TF on the Coupang situation," criticized it as not agreed upon in advance with the government, saying there was "malicious intent."
In the filing, Coupang did not state that the investigation results were conducted internally by the company rather than by investigative authorities or a third party, and it reportedly did not include the Korean government's position.
On the contrary, it even attached a translated version of the press release of clarification on the 26th, which said the investigation was not a "self-investigation" but was conducted in cooperation with the government under government direction. However, in the "forward-looking statements" section of the filing, it made the customary note that future findings could change.
Coupang appears to have pushed ahead with this filing despite the Korean government's rebuttal to prevent a share price decline of the company listed on the New York Stock Exchange in the United States. It is also seen as an attempt to defend against potential class-action lawsuits due to delayed disclosure.
On the 30th in New York trading, the share price (closing basis) of Coupang Inc., Coupang's parent company, fell 1.35% from the previous day to $24.13.