A Imprisonment with prison labor of two years and six months, Defendant B's imprisonment with prison labor of one year, Defendant C and D respectively, and Defendant E.

On April 26, 2017, Defendant A was sentenced to one year of imprisonment for a crime, etc. at the Seoul Central District Court, which became final and conclusive on June 25, 2018.

Defendant A is the representative director of the company in charge of the raising of investment funds and the management of funds for virtual currency as the representative director of the company in charge of the management of the virtual digital currency (hereinafter referred to as “F”) which provides consulting, transactions, etc. with virtual digital currency (hereinafter referred to as “ virtual currency”). Defendant B is the head of the Guro-gu branch of F, who recruited investors or explained investors of a compensation plan (hereinafter referred to as “G”) for virtual currency investment products.

1. The fraud, Defendant A, and B had the intent to acquire investment money from many unspecified people by selling F's virtual currency investment products with the content that they will pay high-profit profits exceeding the principal.

Defendant

A and B prepared an office on the H building I and the fourth floor K of the former J building in Guro-gu Seoul Metropolitan Government, and recruited investment explanations to the effect that F has its head office in the fourth sea State of the United States and would guarantee high profits if it invests in the virtual currency such as bitcoin in the headquarters through F in order to create profits from trading.

Defendant

A and B, through their investment explanation and investment L, around September 18, 2017, through F, at the victim N's office located on the second floor of the building located in the north-gu M in the north-gu Ma at port, "F has its head office in the U.S. four sea owners, and proceeds from trading at the head office. F may bring a high profit in investing in virtual currency, such as bitcoin through F. It may bring 2.7% allowance per week and 60% per day if it invests KRW 1,400,000 per 1 bittco. It shall ensure that 300% high profit in comparison with the maximum principal amount after receiving recommendation allowances, bonuses, rolll allowances, etc. when recruiting subordinated investors."