Defendant

A shall be punished by imprisonment with prison labor for six months, and by a fine of three million won.

such a fine shall not be paid.

Punishment of the crime

No one shall make an agreement to pay the total amount of investments or an amount in excess thereof to an unspecified number of persons in the future without obtaining authorization, permission, etc. or making registration, report, etc., and import such investments.

Nevertheless, the Defendants conspired to import contributions by explaining the investment to the effect that “if they make an investment in Bitcoin, they will give 5% a monthly profit, and the principal shall be recovered within 3 months.”

In accordance with the above public offering around November 2016, at the office of Defendant A of the 9th floor of the Gangnam-gu Seoul Metropolitan Government C building, Defendant B may make high profits if it invests in the bitcoin; Defendant D, E, and F may have an investment explanation; Defendant A introduced the above victims to Defendant A; Defendant A may make an investment in the bitcoin (Bitcoin, online digital currency) at the present world trend; Defendant A may obtain a large amount of profits if it makes an investment in the bitcoin of “G” located in Australia; Defendant B would pay KRW 500,000 per month if it makes an investment of KRW 10,000,000,000,000,000 won will be paid within three months from the date of application for the investment; Defendant B would have an opportunity to make high profits more than 00,000,000 won; and Defendant A received an investment from 25,000,000,0000 from 2.3.1.

Ultimately, Defendants conspired to receive money without obtaining authorization, permission, etc. under the law.

Summary of Evidence

1. Defendants’ legal statement

1. Each police statement made to D, E, and F;

1. Each joint investment agreement shall apply to the Acts and subordinate statutes;