However, the execution of the above punishment shall be suspended for a period of two years from the date this judgment becomes final and conclusive.

The Defendant: (a) was a general manager of “G”, a company that distributes virtual currency Coin; (b) established the company around November 2014, and managed the investment amount, i.e., coin and allowances; and (c) H was the head of the company “the Chairperson”; and (d) as the head of H’s friendship, the Defendant was in charge of each of the following tasks: (a) investor recruitment and business explanation; and (b) organization management.

1. No person who violates the Act on the Regulation of Similar Receiving Acts and subordinate statutes shall engage in the business of raising funds from many and unspecified persons under the pretext of making investments, etc. in the future without obtaining any authorization or permission, making any registration or report, etc. under such Acts and subordinate statutes;

Nevertheless, the Defendant and H and I conspired with the Defendant on December 2, 2014, and without authorization, permission, registration, or report, the Defendant and H and I paid 2,00 won for each unit of investment to the victim J without authorization, permission, registration, or report. The Defendant and H and I paid 2,50,000 won for each unit of investment to the Internet virtual currency, and if four units of investment are made lower, the Defendant and H and I would be entitled to support allowances, recommendation allowances, straws’ allowances, and straws’ allowances may be used as cash at a foreign franchise store or a foreign visa card store in Seoul, and if 50,000,00 won is invested, 30,000 won may be punished as KRW 10,100,000,000,000 from December 22, 2014 to 250,000 from 30,000 from 20,3081.

2. The above “G” is not a regular financial business entity licensed by the Financial Supervisory Service, and since the business entity’s “propcoin” was a business structure in which prior investors are bound to receive profits from attracting investments from the priority investors, it is the total amount of investments in a short period or continuous period.