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Representative of South Korean Cryptocurrency Exchange Bitsonic Jailed Again for Alleged 100 Million KRW Fraud Case

Summary: According to reports from DigitalAsset, the representative of South Korean cryptocurrency exchange Bitsonic has been sentenced to 6 months in prison for his involvement in a 100 million KRW fraud case. Previously, the representative had been sentenced to 7 years in prison for another fraud case. This latest fraud involved manipulating trading volume and market ...

According to reports from DigitalAsset, the representative of South Korean cryptocurrency exchange Bitsonic has been sentenced to 6 months in prison for his involvement in a 100 million KRW fraud case. Previously, the representative had been sentenced to 7 years in prison for another fraud case. This latest fraud involved manipulating trading volume and market value of Bitsonic Coin (BSC) through false announcements, deceiving customers into a total of 160 million KRW.

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Link: Representative of South Korean Cryptocurrency Exchange Bitsonic Jailed Again for Alleged 100 Million KRW Fraud Case [Copy]

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