A Imprisonment for two years, Defendant B imprisonment for two years, Defendant C for one year and six months, and Defendant D for one year.

Defendant

On July 24, 2012, A was sentenced to three years of imprisonment by the Seoul Central District Court due to a violation of the Act on the Regulation of Similar Receiving Acts, etc. and completed the enforcement of the above sentence on March 8, 2015.

1. 2018 Highest 521 K Co., Ltd. (referring to all the same companies, L, and M) is a multi-level financial company that receives investment funds from many unspecified people for purchase expenses, such as “N,” which is an electronic virtual currency. Defendant A, as the representative of the above company, is in charge of opening, managing, and operating a multi-level similar organization for the sale of virtual currency such as N, and selling virtual currency through the above organization. Defendant B, as the managing director of the above company, and Defendant C, as the managing director of the above company, assist Defendant A, and managing and explaining the multi-level similar organization for the sale of virtual currency such as N, and explain to N, etc. to unspecified persons. Defendant D, as the managing director of the above company, was in charge of managing and selling similar organizations such as N, Daegu, and Daegu, and the managing director of the above general headquarters of the company, and Defendant C, as the managing director of the above company’s office and the managing director of the above company.

(a) No person who violates the Act on Door-to-Door Sales, etc. shall engage in any monetary transaction without any transaction of goods, etc., or engage in any actual monetary transaction under the pretending any transaction of goods, etc., using a multi-level marketing organization or any organization similar thereto;

From April 2017 to December 2017, the Defendants are against many and unspecified persons at the office of Guro-gu Seoul Metropolitan Government O building, Lives in P, and the Lgu Center on the fourth floor of the Daegu-gu Q building.