A defendant shall be punished by imprisonment for not less than eight months.

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

Punishment of the crime

On March 24, 2018, the Defendant opened a virtual currency ICO (e.g., opening a new fund-raising method on behalf of a company)-related Kakakao Stockholm on around March 24, 2018, and reported this fact to the victims C, D, and E who contacted the victim C, D, and E with the Kakao Kakao Kakao Stockholm, “new virtual currency, juice juk, trins, wroom, broom, broom, broom, and Kakao, and the Defendant may immediately make an investment in ICO on the new virtual currency, which can be listed. As such, the Defendant’s investment can also take account of the new virtual currency that will be listed.

G. “G.” was false.

However, even if the defendant received this premium, he thought that he would exchange it to repay the defendant's debt or use it as living expenses, etc., and he did not have any intention or ability to make an investment in virtual currency.

As of March 31, 2018, the Defendant received 1 f.o. 20,000 f. f. f. 1, 2018; f. f. 1, 2018; f. f. f. 1, 2018; f. f. 23, 2018; f. f. 1, 2018; f. 8. 4. f. 2, 2018; f. f. 1, 2018; f. 8. f. 4. f. 2, 2018; f. 8. f. f. 4, 2018; f. f. 8. f. 2, 2018; f. f. 8. f. 4, 2018; f. f. 2, 2018

Accordingly, the defendant acquired the 72th amount of virtual currency from the victims, which is the sum of KRW 54,70,000,000,000 from the victims, by means of the Defendant’s virtual electronic wallets.

Summary of Evidence

1. Statement by the defendant in court;

1. Each police statement with respect to C and F;

1. Each report on investigation;

1. Requests for provision of communications data;

1. Each complaint filed by D and E;

1. Data, including the NAV and the following response materials: