According to Queen Telegraph, Hobby said this was due to lower volumes and anonymity functions.
However, the Korean stock exchange did not refer to the recent Nth Room issue, as South Korean media speculated that the exploitation loop used Monero to complete the anonymous transactions.
According to the Korean newspaper Sesa Journal, the headlines covering the issue of sexual exploitation remained prevalent in the country, where many news outlets refer to Monero's use in criminal acts, specifically In the Nth case.
The case in question is an ongoing criminal investigation that allegedly involved sexual exploitation and distribution of videos containing rape cases between chat rooms on a telegram.