Defendant

A Imprisonment for one year, a fine of five million won, and a defendant C shall be punished by imprisonment for four months.

Defendant

B.

Punishment of the crime

[Fact-finding] No multi-level sales business entity shall establish, manage, or operate a multi-level marketing organization, etc. without registering with the competent Mayor/Do Governor, along with an application form stating the trade name, address, telephone number, e-mail address, etc.; and no one shall use a multi-level sales organization to conduct any monetary transaction without performing any transaction of goods, etc. or to conduct any monetary transaction only by pretending the transaction of

Nevertheless, D, without registering with the Mayor/Do Governor, started “G” sub-contractors and investment fund-raising activities, which are virtual currency against many unspecified persons in the “F coffee shop, etc.” located in Daegu-gu, Daegu-gu, from July 2015. A around January 20, 2016, “F” was established at the coffee shop, and then changed the name of “F Company G” into “stock Company H” on August 4, 2016. A, the name of “G D” on the second floor of the “J” located in Daegu-gu, Daegu-gu, Seoul, Busan, Kim, and Cheongju, and the G Center’s office and Saturdays office (time rental office) located in the Republic of Korea, including Seoul-gu, Daegu-gu, Daegu-gu, and the 23th floor of the G Center’s neighboring coffee shop, Japan-do, and held a master’s degree meeting on the development of the company’s business and the general development of the company’s 3-Dr.

G has started with a high level of veterinary algorithm, based on digital currency, which has been developed by the success of Bitcoin, and if purchasing a sunken (purchase by a flag) which is a tool and material for the creation of a coin, it shall be paid differently according to the type (7 kinds) of the package of the product, and the par value shall be divided into non-public coin.