A defendant shall be punished by imprisonment for one year.

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

Punishment of the crime

The defendant is a person operating the Korean branch office of virtual currency C in Gangnam-gu Seoul and the victim D around July 2017, and around 156 million won at the market price through the defendant around July 2017.

1. Around January 21, 2018, the Defendant committed the crime of January 2018, 2018: (a) at the above C Office’s office (“Defendant was 250,000 won out of the company’s policies”; (b) when paying 250,000 won to the company, it is a policy to operate it for three years and return it to C equivalent to USD 2,000,000. 250,000,000 to 20,000,000,000,000 won. This request to B; (c) participate in 250,000 won in the sale and 250,000 won; and (d) if a company receives money from the company later, she would be exempted from 20,000 won.”

However, in fact, the Defendant did not have any intention or ability to join 250,000 won, even if he received C from the victim, because he was able to use it for other real estate investment that is entirely unrelated to the victim.

Nevertheless, on January 21, 2018, the Defendant, by deceiving the victim as above, was issued a approximately KRW 125 million to the victim on January 21, 2018.

2. On March 16, 2018, the Defendant of the crime committed on March 16, 2018 stated that, at the mutual coffee shop located in Gangnam-gu Seoul, Gangnam-gu, Seoul, the Defendant would make it possible for the victim to participate in the 250,000 foot at once. There is insufficient money to create a new coin exchange. By March 31, 2018, the Defendant would make 30,000 won to enter money in China and enter 250,000,000 if it would be more than 32,50,000 won.”

However, in fact, when the defendant received C from the victim, he/she thought that he/she will encash it and use it for other real estate investment unrelated to the victim at all.