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(영문) 서울중앙지방법원 2013.07.04 2013고정2473 (1)
자본시장과금융투자업에관한법률위반
Text

Defendants shall be punished by a fine of KRW 7,000,000.

If the Defendants did not pay the above fine, 50.

Reasons

Punishment of the crime

Defendants and C, D, E, F, G, H, I, J, K, L, M, M,O, P, Q, and R are the fee-charging members of Blof and C, E, F, G, H, H, I, K, M, P, Q, and Q, run individually on the following website of the Internet portal:

No one shall trade listed securities or exchange-traded derivatives, or entrust, or be entrusted with, trading such securities or exchange-traded derivatives with an intention to attract anyone to trade such securities or exchange-traded derivatives, creating a misleading appearance of active trading or creating a fluctuation in the market price.

Nevertheless, the Defendants and C, D, E, F, G, H, I, J, K, L, M, M, M,O, P, Q, Q, and R made a cellle room using the instant Bloc and Carpet operated by S with a certain amount of membership fee of KRW 100,000 per month after having subscribed to the said Bloc and Carpet, and paying a certain amount of membership fee, and then having purchased or sold the said C, D, E, E, F, G, H, H, H, H, H, H, H, H, H, G, H, H, H, H, H, M, and R with a set of time for sale or sale of a specific item, and unit price, and notify the above C, D, K, M, N, P, Q, and R members of the said C, C, D, G, M, M, H, M, M, in succession, M, M, M, in the order, M, M, M, M, in accordance with the aforementioned item.

Accordingly, the Defendants and C, D, E, F, G, H, I, J, K, L, M, M,O, P, Q, and R are merely 4,00 shares issued together with the above S, and the number of shares issued is less than 4,00 shares, so that the number of shares traded is not different, and thus the daily trading volume is not high, and they are selected as items subject to market price manipulation such as high-priced purchase orders and market-end leisure orders, and the price increase by submitting a market price manipulation order, such as high-priced purchase orders and market-end leisure orders. In the absence of sale calls for the Defendants, even during the time period of the absence of sale, the share price increase artificially by selling the shares in possession when the purchase price is introduced, while inducing another person to purchase while supporting the purchase price offered by the immediately preceding or immediately preceding purchase price.

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