Defendants shall be punished by imprisonment for eight months.

except that the execution of each of the above penalties shall be suspended for two years from the date this judgment becomes final and conclusive.

Punishment of the crime

D(hereinafter referred to as "D") is the chairperson of the company that has its head office in Belize, a South-North America country, E.

E, if the investors purchase bitcos and send them to D accounts, D operators, such as E, etc., operate a compensation program to generate profits by automatically trading virtual currency such as Bitcoin, etc. using a “F” computer program developed by D, and to pay to investors a minimum of 0.35-0.45% of the annual profits according to the amount of investment, and to make up for the team by inviting subordinate investors, 10% of the investment funds of the subordinate investors of one household, 1-3% of the investment funds of the subordinate investors of the 7th generation generation, and 1-3% of the investment funds of the maximum 7th generation generation generation, etc., from the domestic exchange (payment of profits only to G, which is the virtual currency developed by D itself from November 2017). The investors recruited the investors.

The Defendants were in charge of attracting domestic investors, such as holding a project briefing session as the team leader of the D office located in Seocho-gu Seoul Metropolitan Government H building I.

1. No person who violates the Act on the Regulation of Conducting Fund-Raising Business without obtaining authorization or permission, making registration or report, etc. under other Acts and subordinate statutes, shall make an agreement to pay the full amount of contributions or an amount in excess thereof in the future to engage in the business of raising funds from many and unspecified persons, and receive contributions;

Nevertheless, the Defendants, from September 2017 to February 2018, explain the above D’s business contents to the investors including J, etc. at the seat of the above D’s office, and if they make an investment of KRW 20 million in D for one year, according to the market price, the amount of KRW 3 million to KRW 5 million in one month can be punished. Upon maturity, the Defendants may bring profits from KRW 2 and 3 times the invested principal.

On the date of investment, 20 million won shall be the date on which one year has elapsed from the date of investment.