A Imprisonment for one year, and Defendant B shall be punished by a fine of KRW 10 million, respectively.

A seized virtual currency.

1. Defendant A is a person who operates an electronic device and computer sales business while operating “stock company B” under the building C in the Nam-gu Incheon Metropolitan City. A.

When it is intended to export, import or return goods for an illegal import crime, the name, standard, quantity and price of the relevant goods, and other matters prescribed by Presidential Decree shall be reported to the head of the relevant customs office, and no goods shall be imported without meeting requirements for permission, approval, recommendation, certification or other conditions necessary for import in accordance with statutes or

1) On September 22, 2017, the Defendant imported two virtual currency mining machines from China through the Incheon International Airport located in Jung-gu Incheon International Airport (E (report number: F) and imported them without obtaining the suitability registration (radio certification) of broadcasting and communications equipment, etc. of the National Radio Research Institute prescribed by the Radio Waves Act. 2) On September 22, 2017, the Defendant imported five virtual currency mining machines from China through the Incheon International Airport located in Jung-gu Incheon International Airport (E (report number: G), and imported them without obtaining the suitability registration (radio certification) of broadcasting and communications equipment, etc. of the National Radio Research Institute of Radio Waves prescribed by the Radio Waves Act.

3) On September 23, 2017, through the Incheon International Airport located in Jung-gu Incheon Metropolitan Government, the Defendant imported 60 virtual currency extraction machines from Hong Kong “H (report number: I)” without obtaining the suitability registration (radio certification) of broadcasting and communications equipment, etc. of the National Radiological Institute prescribed by the Radio Waves Act. Ultimately, the Defendant imported the total amount of 67 virtual currency extraction machines (the total value of the goods was KRW 93,571,892) without meeting the requirements for permission, approval, recommendation, certification, or other conditions necessary for import pursuant to the laws and regulations.

(b) Where it is intended to export, import or return goods for committing smuggling, the name, standard, quantity and price of the goods concerned, and other matters prescribed by Presidential Decree shall be reported to the head of the relevant customs office and such matters shall be applicable