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

When the defendant does not pay the above fine, 100,000 won.

Punishment of the crime

1. On June 13, 2017, the Defendant acquired money under the name of Bitcoin: (a) 15:22 on June 13, 2017, the Defendant stated to the effect that “Dr may impose a big amount of money upon Dritcoin (bitcoin and Bitcoin may be divided into eight decimal places) that is virtual currency. If Dritco transfers money, Dr will purchase Bitcoin instead of D.”

However, even if the Defendant received money from the victim, the Defendant did not intend to purchase bitcos on behalf of the victim and provide it to the victim by purchasing 12.5 million won on behalf of the victim. Such words were false.

Nevertheless, the Defendant, at the same end, received money of KRW 12,50,000 from the victim to the E-bank account (F; hereinafter “F account”) in the name of the Defendant on the same day by deceiving the victim.

As to this, Defendant / Defense Counsel purchased 12.5 million won, instead of the victim, for the victim, by using all the 12.5 million won remitted from the victim at the time of the occurrence of the damage, and requested the Defendant to collect bitcos of the 12.5 million won of the bitcos in Hong Kong, which are Hong Kong, the Hong Kong, and to operate the bitcos in the account, the victim’s name. As such, Defendant / Defense Counsel asserted to the effect that “G” was only the bitcos of the 12.5 million won, and that the Defendant did not make any false representation to the victim.

However, the following circumstances can be acknowledged by the evidence adopted and examined by this court, namely, ① the Defendant, using the victim’s 12,50,000 won provided, became a member of the “G”, which is a de facto multi-level fund receiver, and became a member of the victim’s name, and the additional benefits have been generated through the recommendation allowance, etc., and ② the victim’s number was obtained at the time of opening the