South Korea’s Crypto Crackdown Lands Delio CEO 15 Years

AI Summary A South Korean court sentenced Delio CEO Jeong Sang-ho to 15 years in prison for misusing roughly $49.2 million in customer cryptocurrency assets and using false documents to secure a regulatory registration. Court Finds Customer Assets Were Misused According to regional reports, the Seoul Southern District Court issued the ruling Aug. 13 and ordered Jeong […] fulltext: 368 chars | fulltext source: rss-fallback | summary method: extractive Original: https://news.bitcoin.com/crypto-news/south-koreas-crypto-crackdown-lands-delio-ceo-15-years/ Source: Bitcoin.com News