Saltar al contenido principal
727 Finance
Español

South Korean "crypto market manipulator" Jonber Kim acquitted in first-instance verdict in 340 billion won crypto fraud case

PANews October 15 news, according to South Korean media Digital Asset, cryptocurrency market manipulator "Jonber Kim" (phonetic transliteration, Mr. Park), who was indicted on charges including involvement in a cryptocurrency fraud case worth approximately 340 billion Korean won (about $230 million), was acquitted on October 15 in the first-instance ruling by the Seoul Southern District Court.

The court held that although the defendant may have engaged in false advertising regarding the substance of the POD (Grape Coin) and ATT (Atube) projects, prosecutors failed to prove a causal relationship between the relevant conduct and individual investors falling into a mistaken belief and purchasing the tokens; the allegations of manipulating token prices and misappropriating proceeds from the sale of Grape Coin were also not sufficiently supported by evidence. However, the other two defendants were sentenced to 4 months in prison with a 1-year suspended sentence, and 6 months in prison with a 2-year suspended sentence, respectively, for submitting false materials during the Coinone listing review process and obstructing the exchange's review work.

Noticias relacionadas

  1. FBI: Corea del Norte detrás del robo de más de 6.000 millones de dólares a Binance

    PANews 1 de noviembre: Según el sitio web oficial de la Oficina Federal de Investigaciones (FBI) de EE. UU., el FBI anunció que Corea del Norte es responsable d...

  2. Análisis: la reorganización de Ethereum provoca la pausa de THORChain, retrasando inesperadamente el blanqueo de los fondos robados de Binance.

  3. SlowMist: el hackeo de Binance impulsó indirectamente los rendimientos de stETH, el APR promedio de 7 días de Lido subió al 4,2%

  4. La empresa que cotiza en el Nasdaq, NXTT, considera vender 450 millones de dólares en Bitcoin debido al hackeo de Binance y a los riesgos cuánticos.

    PANews 31 de octubre, según CoinDesk, la empresa de software cotizada en Nasdaq Next Technology Holding (NXTT) informó que su consejo de administración ha autor...

  5. Bitwise: El hackeo de Binance no afectará el precio de Bitcoin, y se espera que el mercado se recupere en una semana.