Lee Jung-hoon will not go to prison after Judge Kang Gyu-Tae proclaimed him not guilty of committing fraud.
The Seoul Central District Court reportedly ruled that the owner and former Chairman of the South Korean cryptocurrency exchange – Lee Jung-hoon – has not defrauded Kim Byung-gun for 112 billion won .The Court’s Final Word, the 34th Division of the Criminal Agreement of the Seoul Central District Court found Lee not guilty of the accusations of violating the Act on the Aggravated Punishment Of Specific Economic Crimes .
The authorities ruled that he did not embezzle over $87 million from the Chairman of BK Group – Kim Byung-gun – during negotiations regarding the takeover of Bithumb in 2018. Judge Kang Gyu-Tae stated: “It cannot be admitted that the stock trading proceeds were disposed of due to a mistake caused by fraudulent acts, such as the facts of the prosecution, based only on the evidence submitted by the prosecutor.”
Bithumb – which is among the leading cryptocurrency exchanges in South Korea – said it respects the outcome of the legal case.“Bithumb is operated under a professional management system, and former chairman Lee Jeong-hoon is not involved in Bithumb’s management at all,” the company added.that Kim paid the sum as an upfront “contract fee” to acquire the Korean trading venue, while Lee assured that Bithumb would list BXA tokens and use the capital from the assets’ sale in the deal.
Initial investigation disclosed that Park’s death resulted from suicide. However, some doubted that version since he was under investigation on charges of stealing funds from Bithumb-related firms and manipulating stock prices.intentions to purchase it during the summer, the liquidity crisis and the eventual filing for bankruptcy protection foiled such plans.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
“Missing: The Other Side 2” Previews Tense Encounter Between Nam Hyun Woo And Lee Jung Eun“Missing: The Other Side 2” Previews Tense Encounter Between Nam Hyun Woo And Lee Jung Eun
Consulte Mais informação »
Bithumb former chair Lee Jung-Hoon acquitted in the first instanceIn response to the hearing, Bithumb said it respected the ruling and that the exchange is run by “professional managers” without any involvement from Jung-hoon.
Consulte Mais informação »
Young trot singer Jung Dong Won displays his maturity as he responds to a malicious comment, expressing annoyance at the fact that he's successful | allkpopYoung trot singer Jung Dong Won displays his maturity as he responds to a malicious comment, expressing annoyance at the fact that he's successful
Consulte Mais informação »
IU and Lee Jong Suk were allegedly in the talking stage since last June | allkpopFormer reporter/ YouTuber Lee Jin Ho said IU and Lee Jong Suk were in the talking stage since last June.On January 2nd, Lee Jin Ho claimed…
Consulte Mais informação »
Watch: Kim Jung Hyun Cannot Help But Obey Im Soo Hyang In “Kokdu: Season of Deity”Watch: Kim Jung Hyun Cannot Help But Obey Im Soo Hyang In “Kokdu: Season of Deity”
Consulte Mais informação »