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Coinpedia 2025-03-31 07:00:32

Crypto News: South Korean Trio Jailed for Crypto Ponzi Scheme Promising 30% Monthly Returns

Crypto News: South Korean Trio Jailed for Crypto Ponzi Scheme Promising 30% Monthly Returns

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. …

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