E is substantially run by F, and the co-defendant A is a person in charge of the branch offices of the above company under the direction of the above E, and Defendant G and H are the head of the above company center, Defendant I, J, and K are the higher-level investors of the above company.

1. In the M Center office located in Gangnam-gu Seoul Metropolitan Government L 1211 around June 4, 2015, fraud Defendant G and joint Defendant G and H develop virtual currencyO that can be distributed all over the world as one of the companies with 280 encryptions around the world, and operate virtual currencyO that can be distributed over the world as a specialized company with financial consulting, and now operate in the Brazil and the Philippines.

Investment amounts are divided into KRW 130,00,000, KRW 390,650,000, KRW 1300,000,000, KRW 6500,000,000, and KRW 65,000,000,000 for each amount, points may be paid and the points may be purchased with points. The 243 times as stated in the three multiple indictment refers to the case where the coin has divided up to five times in total.

shall be divided and reproduced.

In addition, an investment was recommended to the effect that "if a person sells and encashs a single partitioned coin, he/she may increase the income larger than the principal."

However, it is not clear that the substance of the F Company is not clear, and there was no distribution of the F Company or that the F Company has generated profits, and there was no choice but to take the method of paying the principal, profits, and various allowances to the existing investors by using the investment funds attracting from the next-order investors, and eventually, as long as the new investors are not induced, the structure is that the payment of the agreed high-rate profits and allowances is not possible. Therefore, the victim did not have the intent or ability to pay the agreed principal, profits, and allowances.

Nevertheless, the Defendants and the co-defendant A conspired with the above E, etc., and as above, the victim.