South Korean Crypto Exchange Bitsonic CEO Faces Second Jail Term Over Fraud

CEO BITEON CEO COMPANY CYPTS OF THE CIRVE OF THE CIRVY OF THE CITY WAS CONDONDED TO A SECOND AGAIN FOR ANOTHER FROUND BOARD. CEO SHIN JIN-WOOK Already FACE a 7-year-old sentence in prison To steal $ 10 billion (7.5 million $ 7.5) of customer deposits.

Outlet Media Susto Digital Assets reported May a Daego Court judge satisfied the shin for his alleged involvement in bitsonic fraud (BSC).

CEO admits the bitsonic coin fraud

Customers rapped to the CEO of the CEO 160 million ($ 115k) “to inflaming the BSC trade volume after the Transactions through false ads”, noted verdict.

Shin used FALSE KRW Points obtained Via Buybacks to buy Bitcoin and it Ether by members. After being converted to the digital founds in cash and investments in companies encouraged to exchange, has occurred. Also, you have discussed the crazy period, only one’s discovery or investment nor the interest could be returned to investors.

“Although Mr. Shin was unable to get to an agreement with the mistake and reflection of genuel of geniments, including crime, have been taken to consideration when set the sentence.”

Here’s how much bitson heads are landed in “lenient” sentences

In the 2024, shin and technology technology of the bitingum, consid of kee, they were convicted of a combined 8 In prison to manipulate encryption prices and profit.

For a tribunal of Seoul, Shin District had “Arrivered to a deal with two of the victims who suffered the largest amount of damage” at the moment.

In addition, no CEO Shin no bae had a story of committing similar types of crime, the judge noticed. This brought the judge to the sentence be bitsonic heads to a “lenent” sentence.

Also, under the law of korean southern, the defendants can appeal to guilt and phrases in the tall court and supreme court.

The post The South Cryptue Crypto Exchange Bitsonic makes the second pitch of the jail over fraud it first appeared Criponews. I am

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