CryptoCoinDeskabout 2 hours ago
Delio CEO gets 15 years for $50M crypto fraud
1 min read
A South Korean court sentenced Delio CEO Mr. Jeong to 15 years in prison for defrauding over 1,100 investors of $50 million in bitcoin and ether. Delio went bankrupt in November 2024 after blocking withdrawals in June 2023. Prosecutors sought 20 years.
Level
Hype check
Tap to vote and see what everyone thinks.
Summary by ByteBrief
