Defendant shall be punished by a fine of five million won.

If the defendant does not pay the above fine, the amount of KRW 100,000 shall be paid.

Punishment of the crime

No person shall issue a transaction instruction in electronic financial transactions or lend any access medium used to secure the authenticity of users and the transaction details to another person while receiving, demanding or promising to do so.

On December 2, 2017, the Defendant: (a) received a proposal from a person incompeting organization’s name and incompeting organization to “to give KRW 10 million in return for the receipt of a deposit and withdrawal from the account as stated in the instructions to lend the four accounts to him/her; and (b) accepted the proposal.”

The Defendant, using the above name Kakao Stockholm, informed his account number to the name in the name of the Defendant, and opened a DNA account in the name of the Defendant (corporate bank account E) after having subscribed to the virtual currency website “D,” and set up “F” and “G”, a remote control of the Defendant’s mobile phone.

1. On December 11, 2017, the Defendant received KRW 500,000 from the said Nong Bank account under the name of the Defendant from the Defendant on deposit in around 12:26, 2017, and around 12:34 of the same day, “The transfer of money deposited into the Nonghyup Bank to the D account opened in the name of the Defendant’s name” means the transfer of KRW 5,00,000,000 deposited into the Defendant’s Nong Bank account under the name of the Defendant’s name under the instructions of the name of the Nonindicted Co., Ltd. to D (Cding Exchange) (based on the company’s virtual account) (based on the name of the Nonindicted Co., Ltd. (based on the company’s virtual account). In addition, the name and in whose name and in whose case the name and in whose case the Defendant was the Defendant’s name and in whose case the Defendant had received the Defendant in advance, purchased the bitco from the Defendant, and then, made the instant electronic financial business operator to D and its password account.