South Korean “crypto operator” Jonber Kim involved in 340000000000 KRW crypto fraud case acquitted at first trial
The Seoul Southern District Court acquitted Jonber Kim at first instance in a crypto-asset fraud case involving approximately 340000000000 KRW, finding that the prosecution had not sufficiently established the relevant causal relationship or certain charges. The other two defendants were sentenced for obstructing Coinone’s listing review by submitting false materials.