A defendant shall be punished by imprisonment for three years.

Punishment of the crime

D (U.S. resident) is unable to use at all because there is no value from the time of the Republic of Korea, and is pretended to sell “cphone”, a virtual currency that is merely a virtual currency that is merely a virtual currency, so if purchasing “cphone” against many and unspecified people, it can increase the value of such cphones for the first time, increase the value of such cphones by 3 times at first, and thereafter increase by 2 times thereafter, increase in the value of such cphones for a short period by selling them.

The chairman of the “E”, which is a multi-level private enterprise that received investment money in multi-level multi-level financial stages, is the Chairman of the “E,” F, a domestic business entity No. 2 in Asia of the above “E,” and a business entity No. 3 in Asia of the above business entity, and a business entity No. 2 in Korea. The above F, the above business entity is a person who has overall control over investment explanation, investor solicitation, and investment receipt against its affiliated business entities, and the Defendant under the above D’s direction. Upon receiving the foregoing D’s order, the said F, etc. was a person who received investment money from the corporate account, such as a credit cooperative account, etc. in the name of the Defendant, and manages the profits and expenses therefrom. The Defendant mutually ambiguousd with the above D, F, and the above multi-level private enterprise to operate the said multi-level private enterprise.

1. No person who violates the Act on Door-to-Door Sales, etc. shall only engage in money transactions without any trading of goods, etc., or actually engage in money transactions under the pretending any trading of goods, etc. using a similar organization at multi-stage;

Nevertheless, the defendant recruited investors in collusion with the above F, etc. from May 2016 to July 2016, the above company's head office in the 7th floor of the building in Gangnam-gu Seoul Special Metropolitan City and the office of the headquarters in the Republic of Korea and the national center, etc. in the name of the individual, "130,000 won (10,000 won as the base amount for the payment of allowances), 260,000 won (50,000 won as the base amount for the payment of allowances), 650,000 won (1 million won as the base amount for the payment of allowances), and 1.3 million won (1 million won as the base