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TechFlow news: According to South Korean media reports, South Korean prosecutors have requested an eight-year prison sentence for Lee Jung-hoon, former chairman of the board of cryptocurrency exchange Bithumb, on charges of violating the Act on Aggravated Punishment of Specific Economic Crimes, consistent with the initial trial ruling. Lee is accused of allegedly defrauding 110 billion Korean won (approximately $85 million).
According to South Korean media reports, South Korean prosecutors have requested an eight-year prison sentence for Lee Jung-hoon, former chairman of the board of cryptocurrency exchange Bithumb, on charges of violating the Act on Aggravated Punishment of Specific Economic Crimes, the same as the initial trial ruling. Lee Jung-hoon is accused of allegedly defrauding 110 billion won (approximately $85 million).
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