Defendant

A and B shall be punished by imprisonment with prison labor for ten months, and by imprisonment with prison labor for one year and six months.

However, the defendant A and B.

Punishment of the crime

No one shall conduct any financial transaction without any transaction of goods, etc., or actually conduct any financial transaction by pretending the transaction of goods, etc. using a multi-stage sales organization or any similar organization comprised of persons who have joined such organization.

D An online product is a company that sells online products in multi-stage form by advertising as if it would generate profits through bitcoin transactions using artificial intelligence computer “E” and then sell D's virtual currency products to many and unspecified persons, from January 2016 to October 2017, as a first-order seller in Korea of D, F establishes a corporation G (hereinafter referred to as "G") to sell D's online products in Korea.

1. While Defendant C’s violation of the Door-to-Door Sales, etc. Act, around April 24, 2016, in order to promote the sale of virtual currency products, Defendant C, a D seller, proposed a “H” branch office to be in charge of soliciting sellers in Daegu area, and the Defendant consented thereto.

In collusion with F, from April 26, 2016, the Defendant sold D online goods to many unspecified people at the seat of the office in the vicinity of Gangnam-gu Seoul, Seoul, and recruited sales salespersons. “The amount paid by the purchaser of virtual currency goods is transferred to D head office in the Pakistan in the form of Bitcoin, and the head office pays profits through E in the form of Bitcoin and Bitcoin transaction.

D Investment can pay high-amount profits if it is made, and it is not likely that a loss will be caused due to erroneous price of bitco.

E The computers of artificial intelligence are linked to the Bitcoin exchange in the world of 120 countries in the world to purchase bitcos in the low-priced countries and pay profits from the purchase of bitcos in the low-priced countries.

In addition, while keeping bitcos from investors, the price of the bitcos is high, they are sold.