South Korean Court Jails Pro Golfer and Crypto CEO for Altcoin Manipulation

BY admin user

Key Takeaways: A South Korean court has sentenced a professional golfer Ahn Sung-hyun, and a former crypto exchange (Bithumb) CEO, Lee Sang-jun for manipulating altcoin prices. The verdict follows allegations of market manipulation that defrauded investors and destabilized the cryptocurrency market. According to local press, the court found the defendants guilty of colluding to artificially…

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