A defendant shall be punished by imprisonment for not less than one year and six months.

However, the execution of the above punishment shall be suspended for two years from the date this judgment became final and conclusive.

Punishment of the crime

Around December 2017, the Defendant written a conversation with the victim F, etc. stating that “ICO (Publication of virtual currency) may bring profits from the market price if ICO (Publication of virtual currency) invests in G, etc. in virtual currency, and ICO (Publication of virtual currency) will bring profits from the market price if ICO (Publication of virtual currency),” using a mobile phone at the Defendant’s residence located in Gwangjin-gu Seoul Special Metropolitan City, Seoul Special Metropolitan City, to the victim F, etc., who read that “ICO (Publication of virtual currency) will bring profits from the transfer of money or send virtual currency,” and that “I would bring profits from the transfer of money if ICO (Publication of virtual currency) will bring profits from investment.”

However, in fact, the defendant did not hold the assets of Suwon billion won, and even if he was involved in the Internet horse gambling at the time, he did not use it for the investment of virtual currency but did not want to provide investment profits to the victim F because he did not have the ability to provide investment profits.

Nevertheless, the Defendant, as above, belongs to the victim F and received H 19,410 virtual currency (market price 1,2360,000 won around March 28, 2018) from the victim around March 28, 2018, from the victim, up to eight times until June 9, 2018, as shown in the list of crimes 1 attached hereto, the Defendant received KRW 35,180,494 of virtual currency from the victims to the Defendant’s branch account (K). The Defendant received cash KRW 5,90,000 from the victims to the Defendant’s branch account (K).

Accordingly, the defendant, by deceiving the victims, acquired the property from the victims.

around September 28, 2018, the Defendant posted a letter at the Defendant’s home located in Gwangjin-gu Seoul Special Metropolitan City (Seoul Special Metropolitan City Gwangjin-gu) to sell cultural products with access to the Internet L camera M, and transfers money to the victim N who made contact with this letter.