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Bitcoin World 2024-11-26 11:01:24

Bitsonic CEO Jinwook Shin Sentenced to 7 Years for Embezzlement and Fraud

Bitsonic CEO Jinwook Shin Sentenced to 7 Years for Embezzlement and Fraud Jinwook Shin, CEO of South Korean cryptocurrency exchange Bitsonic, has been sentenced to seven years in prison for embezzling 10 billion won ($7.1 million) in customer funds. The Supreme Court upheld the decision, confirming his guilt on charges of fraud, price manipulation, and

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