The post Crypto News: South Korean Trio Jailed for Crypto Ponzi Scheme Promising 30% Monthly Returns appeared first on Coinpedia Fintech News
A South Korean court has sentenced three members of a crypto scam ring to prison for deceiving investors out of 610 million won (approximately $460,000) by promising high returns through cryptocurrency investments. As reported by Chosun Ilbo, Busan District Court’s Criminal Division 6, led by Presiding Judge Kim Yong-gyun, announced the verdict on March 30. …