A defendant shall be punished by imprisonment for not less than two years and six months.

Punishment of the crime

1. The criminal facts C related to “Bcoin” are the means of committing fraud in which it is impossible to use the money because of its lack of value among the time of Korea and high-profit, and is a person who electronically made the Bcoin’s virtual currency, the virtual currency of which is the same as the computer figures, who receives 30% or 50% of the base amount of the investment attraction allowance, and supplies Bcoin with Bcoin’s investment incentives from investors to E Co., Ltd. (hereinafter “E”) operated by the investors, and transfers E (hereinafter “E”) to F, while acquiring at least one billion won of the investment deposits received from victims as criminal proceeds, managing Bco servers, and receiving KRW 10670,000 per month from E in return.

G is entitled to pay a lot of money to many unspecified persons for the purpose of purchasing “Bcoin”, which is a virtual currency.

As the representative director of D, which is an illegal multi-level private enterprise that has made an investment in Korea, who has overall control over business explanation, receipt of investment funds, management of investment funds, etc.

F is a representative business entity of the above business entity, who has overall control over the explanation of the business, the management of subordinate investors, and the receipt of investment funds.

The Defendant is a person who has been in charge of an intermediary business and a business explanation that attracts investment funds by explaining the business against investors.

No one shall use a similar organization in multi-stage to conduct any monetary transaction without performing any transaction of goods, etc. or actually engage in financial transaction under the referring to any transaction of goods, etc.

Nevertheless, in collusion with C, etc., the Defendant recruited investors from around September 2015 to June 2016 at H building in Daegu Dong-gu, D head office in the fourth floor, and nationwide branches, and there is only KRW 60,000 (500,000,000) and 1260,000 for many and unspecified persons, including victims I.