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Crypto platform operator gets 15-year prison sentence in South Korea due to $50 million scam

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Crypto platform operator gets 15-year prison sentence in South Korea due to $50 million scam

A South Korean court sentenced the head of centralized finance (CeFi) lender Delio to 15 years in prison for embezzling digital assets from more than 1,100 customers.

Crypto platform operator gets 15-year prison sentence in South Korea due to $50 million scam


Source:CoinDesk

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Source:https://www.coindesk.com/business/2026/08/13/crypto-platform-operator-gets-15-year-prison-sentence-in-south-korea-due-to-usd50-million-scam