South Korean Court Upholds Hancom Crypto Scandal Verdict

Quick Summary:

A South Korean court denied the appeal of the Hancom Group chairman’s son, upholding his prison sentence for creating slush funds using crypto.

Specifically, the court had sentenced Kim’s son to prison, convicting him for creating and using slush funds worth 9 billion won ($6.29 million) with virtual assets.

The court dismissed the suspect’s appeal […]

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Article Details

Author / Journalist: Ikemefula Aruogu

Category: Crypto

Markets: IndiaSouth Korea

Topics: Cryptocurrency News Market News Market

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-11 @ 13:45:00 (1 days ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 148 words

Reading Time: 1 minutes read

Sentences: 42 lines

Sentence Length: 4 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 24355027

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About Coinedition

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 8 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #124

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