Published Aug 13, 2026, 4:14 AM ET · Updated 3 months ago · 2 sources
NEW: South Korea sentenced Delio CEO Jeong Sang-ho to 15 years in prison on Thursday for a crypto fraud scheme that resulted in 70 billion won ($49.2 million) in damages, according to Digital Asset. The sentencing came 3 years after Delio abruptly suspended user withdrawals.
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Original Report
NEW: South Korea sentenced Delio CEO Jeong Sang-ho to 15 years in prison on Thursday for a crypto fraud scheme that resulted in 70 billion won ($49.2 million) in damages, according to Digital Asset. The sentencing came 3 years after Delio abruptly suspended user withdrawals.