Delio CEO Jeong Sang-ho hit with 20-year prison demand in crypto fraud case

2026-4-30 13:09

Prosecutors in South Korea have requested a 20-year prison sentence for Jeong Sang-ho, CEO of Delio, over alleged large-scale crypto embezzlement. According to Yonhap News Agency, the request was made during closing arguments at the Seoul Southern District Court on… origin »

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crypto delio 20-year prison ceo jeong sang-ho

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$1.75 Billion Gone? South Korean Crypto Platform Delio Files For Bankruptcy

A cryptocurrency platform based in South Korea has gone into bankruptcy as declared by a local court after its customers can no longer withdraw their virtual funds worth $1.75 billion. Related Reading: Coinbase CEO Brian Armstrong Finds Ally In Cardano’s Hoskinson For Crypto Czar Bid The unfortunate circumstances faced by Delio serve as a reminder […]

2024-11-24 02:30