Representative of South Korean cryptocurrency exchange Bitsonic is jailed again on suspicion of 100 million won fraud "

Crypto 7x24

2025-08-05 12:27:08

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According to online reports, according to DigitalAsset, a representative of South Korean cryptocurrency exchange Bitsonic was sentenced to six months in prison for a fraud involving 100 million won. Previously, the representative had been sentenced to seven years in prison for another fraud case. The fraud involved inducing transactions through false announcements and artificially raising the transaction volume and market value of BitsonicCoin (BSC), thereby defrauding customers of a total of 160 million won.

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