A A Fine of 20,00,000 won, Defendant B and C of each fine of 5,00,000,000 won, Defendant D of 3,00,000 won.

No one shall establish or operate a financial investment instruments market without obtaining permission for an exchange under the Financial Investment Services and Capital Markets Act.

Nevertheless, the Defendants established “G”, a private futures trading company providing virtual futures trading programs using the KOSPI 200 index, etc. provided by the Korea Exchange without permission with F, etc., and advertised them through Internet broadcasting. The e-mail attached to the Home Trading System Program (hereinafter “HTS Program”) to the members who reported and contacted the above e-mail sent to the customer’s computer, and let the members set up the customer’s computer. If the members deposit money to the deposit account (H's one bank account I, etc.) posted on the HTS Program, they convert and accumulate it into electronic currency, and the members traded futures trading programs using the same way as futures investment in the HTS program, and then, upon the completion of futures trading or a request for refund of the acquired electronic currency, the members run the H trading business in a way that they deposited into the member’s own account in cash, and the members run the H trading business as the operator’s general customer account and the customer’s general customer trading account.

Defendant

A worked in G from March 2014 to June 1, 2016, and took charge of withdrawing profits under the said F’s order. Defendant B worked from March 2015 to June 1, 2016, and took charge of maintaining and repairing HTS programs and virtual futures trading programs. Defendant C is from March 2015 to June 1, 2016.