Defendant shall be punished by imprisonment with prison labor for a period of two years and six months and a fine of fifty million won.

except that, for a period of four years from the date this judgment becomes final and conclusive.

Criminal facts

On August 17, 2018, the defendant was sentenced to a suspended sentence of two years in the Seoul Eastern District Court for criminal fraud. On December 22, 2018, the judgment became final and conclusive.

B It is a company that sells online goods advertising as if it creates profits and pays profits through non-coin transactions using artificial intelligence programs, which are artificial intelligence programs, in a multi-level manner.

In D Co., Ltd. (hereinafter “D”) established to sell the above online goods in Korea, the Defendant: (a) served as the head of “F Group” under the above D; (b) G, H, I, J, K, L, L, M, N; and (c) the head of the branch office, P, Q, and R affiliated with the above group; (b) provided an explanation of investment in the online goods of B to many unspecified persons; and (c) provided a multi-level investment fund and conspired to receive it in sequence.

1. The fraud defendant, from January 2016 to around Seoul S, recruited investors in B online goods to many unspecified people at the seat of the office, etc. located in Gangnam-gu, Seoul. "The amount of money paid by investors is remitted to B head office in the form of bitcoin, and the head office purchases bitcoin from the country of bitcoin in the form of bitcoin in the form of bitcoin and sells it to the bitcoin in the bitcoin, thereby making an investment in B, and there is no loss on the date of the investment. It is possible to become a regular member if he/she invests USD 1,000 (Korean US$ KRW 1,300). A regular member may be paid USD 4 to USD 120 on a daily basis, and continuously receives 20% of the investment amount as a recommendation allowance if he/she made a public offering for multi-stage allowances, and if he/she becomes a member of the sales performance of the bitco in the form of subordinate public offering, 1.0% of the amount under consideration.