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Market Cap:
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Cryptocurrencies: 23822
Bitcoin Bitcoin Share: 58.49%
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Bitcoinist
2022-02-16 16:00:38

South Korean Crypto Exchange Chief Gets 22 Years in Prison For $1.7B Fraud

South Korean Crypto Exchange Chief Gets 22 Years in Prison For $1.7B Fraud

The seven executive employees of the South Korean V Global exchange were found guilty on Friday for the crypto fraud of 2 trillion won ($1.7 billion), authorities sentenced them to jail with hefty fines, per the Forkast report. Acting like a Pyramid Scheme, V Global exchange required investors to deposit 6 million won ($5000) for 300% ROI […]

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