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South Korean court sentences person responsible for virtual asset fraud scheme to 5 years in prison

South Korean court sentences person responsible for virtual asset fraud scheme to 5 years in prison

CointimeCointime2024/10/15 08:21
By:Cointime

The Seoul District Court sentenced Park Byung-gon, the main person responsible for Ado International's investment recruitment plan, to five years in prison. Park Byung-gon was accused of carrying out a 400 billion won (approximately $294 million) fraud scheme through virtual assets.

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