South Korea seeks 20-year sentence for Delio CEO over $169M crypto fraud
1.40%LINK$9.17 0.71%DOGE$0.1091 2.15%ADA$0.2488 0.91%BTC$77,139 1.57%XLM$0.1596 0.11%SOL$83.95 1.08%XRP$1.37 0.26%BCH$444.42 0.54%ETH$2,283 1.32%HYPE$40.32 1.56%TRX$0.3255 0.49%BNB$618.71 0.16%Written by Amin Haqshanasâ , Staff Writer. Reviewed by Bryan O'Sheaâ , Staff Editor. Written by Amin Haqshanasâ , Staff Writer. Reviewed by Bryan O'Sheaâ , Staff Editor. South Korea seeks 20-year sentence for Delio CEO over $169M crypto fraudLatest NewsPublishedApr 30, 2026Prosecutors say Jeong Sang-hoâs âactive deceptive actsâ left nearly 2,800 investors frozen out of their funds, as South Korea's crackdown on the crypto industry widens. South Korean prosecutors have requested a 20-year prison sentence for the CEO of crypto deposit service Delio, calling the scale of alleged fraud against thousands of investors âmassive.â During closing arguments at the Seoul Southern District Court on Thursday, prose
Source: https://cointelegraph.com/news/south-korea-seeks-20-year-sentence-for-delio-ceo-over-169m-crypto-fraud?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
