The chief executive officer (CEO) of Bitsonic, a major South Korean virtual currency exchange, has been sentenced to seven years in prison for his involvement in a fraudulent scheme totaling approximately 10 billion won. The verdict, handed down by the Seoul Eastern District Court, comes after a trial where the CEO and his vice president The post Bitsonic CEO Faces 7-Year Prison Time Over 10 Bln Won Fraud appeared first on CoinGape .
