
吴说区块链|Mar 31, 2025 06:35
Wu Shuo learned that according to Cryptopolitan, the Busan District Court in South Korea sentenced three cryptocurrency investment fraudsters to prison for violating the "Aggravated Punishment Law for Specific Economic Crimes". The three individuals defrauded victims of approximately 416000 US dollars. These three individuals engaged in illegal cryptocurrency investment activities in a building in Busan in June 2019. They deceived investors by promising to "select and trade approximately 1000 high-quality cryptocurrencies from around the world" and ensuring that investors would receive a monthly return equivalent to 30% of their initial investment. These fraudsters claim to use a proprietary trading algorithm to make profits by exploiting market fluctuations. In fact, there is no such algorithm, and the funds they raise are diverted for personal consumption.
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