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Cryptela — Cryptocurrency News and Market Intelligence
cryptonews 2023-01-13 10:30:00

Head of S Korea’s V Global Crypto Exchange Will Serve 25 Years in Jail for $2.3bn Fraud

The CEO of a bogus South Korean crypto exchange that tricked some 50,000 customers out of a total of $2.3 billion will spend the next 25 years behind bars – after the Supreme Court found him guilty of fraud. Yonhap reported that the Supreme Court dismissed an appeal from the CEO of the V Global exchange, surnamed Lee, and upheld the high court’s guilty verdict.... Read More: Head of S Korea’s V Global Crypto Exchange Will Serve 25 Years in Jail for $2.3bn Fraud
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