Crypto Exchange Execs Land 8-Year Jail Term for Embezzling Millions of Customer Deposits

Crypto Exchange Execs Land 8-Year Jail Term for Embezzling Millions of Customer Deposits

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A South Korean district court has sentenced the CEO and CTO of cryptocurrency exchange Bitsonic to eight years in prison for stealing millions of dollars in customer funds. According to a report from Yonhap News Agency, Chief Judge Lee Jong-chae sentenced Bitsonic CEO Jinwook Shin and CTO –…

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