A defendant shall be punished by imprisonment for not more than ten 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

E (E; hereinafter referred to as “E”) was based on the virtual currency made by F (such as “F” and H (hereinafter referred to as “G”) on a computerized basis against many and unspecified persons, as the virtual currency made by the H (hereinafter referred to as “E”)

However, the value does not change at all according to the exchange rate, unlike bitcos;

The Defendant is a multi-level financial company that receives investment funds for the purpose of purchase, such as purchase cost, and the Defendant is the head of the E Center (GY/SA-10, and ASA-015) registered with the E Center in an influencies and takes charge of the affairs such as recruitment of subordinate investors, project explanation, management of the Center, operation of the Center, etc., together with H (E’s operator, general supervision over the management of investment funds, etc.), I (the head office responsible for the J Computer), K (the representative of E, the representative of the sales organization, the organization of the sales organization, allowances, etc., and the activities of each Center to encourage the head of each Center to direct and sell its affairs).

No one shall engage in any financial transaction without any transaction of goods, etc., or actually engage in financial transaction by pretending the transaction of goods, etc. through a multi-level marketing organization or any similar organization that is comprised of persons by stages.

From November 14, 2015 to September 10, 2016, the Defendant recruited investors from many unspecified persons in the said center and the home fluoring building located in Gangseo-gu Seoul Metropolitan Government, etc., and provided “130,000 won (1 million won as the base amount for the payment of allowances), 390,000 won (3 million won as the base amount for the payment of allowances), 650,000 won (1 million won as the base amount for the payment of allowances), 1.3 million won (1 million won as the base amount for the payment of allowances), 3.9 million won (3 million won as the base amount for the payment of allowances), 6.5 million won (5 million won as the base amount for the payment of allowances), 13 million won (5 million won as the base amount for the payment of allowances), 3.5 million won to the Internet 3.5 million won through 5.5 million won (the base amount for the payment of allowances).