South Korea seeks 20-year sentence for Delio CEO over $169M crypto fraud

Apr 30, 2026 - 06:45

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South Korea seeks 20-year sentence for Delio CEO over $169M crypto fraud

South Korea seeks 20-year sentence for Delio CEO over $169M crypto fraud

Prosecutors say Jeong Sang-ho’s “active deceptive acts” left nearly 2,800 investors frozen out of their funds, as South Korea's crackdown on the crypto industry widens.

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