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South Korea's Online Prophet to Study in U.S.

Korea Daily, Posted: Jun 04, 2009

SEOUL -- Park Dae-Sung, 31, better known in his native South Korea by his Internet alias Minerva, is preparing to enroll in a community college in Virginia to study economics, reports the Korea Daily. Park, whose prescient blog posts predicting the collapse of Lehman Brothers last year earned him a nationwide following, was arrested in January and charged with spreading online rumors that the South Korean government claimed resulted in millions of lost dollars to the economy. His arrest touched off a heated debate and rasied fears of a crackdown on online speech. It also revelaed that far from being an authoritative figure, Park was in fact jobless, with no experience in the stock market and only two years education at a vocational school. According to Park's lawyer, a Korean American businessman in Virginia decided to sponsor the one-time "online prophet" after reading a New York Times article on his plight. Park's benefactor has agreed to offer housing and a stipend of $500 per month to fund his education, according to the report.

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