President Yoon Suk Yeol announced the extraordinary move amid a bitter fight with the political opposition, and protesters clashed with police outside the assembly.
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TL;DR: Yoon is facing impeachment and did this as a last ditch death throw effort to avoid corruption charges.
His Martial Law was just overturned by parliament with 100% of the votes in favor of denying Yoon Martial Law.
He, Yoon is fucked.
Live updates with no paywall: https://www.aljazeera.com/news/liveblog/2024/12/3/live-south-koreas-president-yoon-declares-emergency-martial-law