Crypto platform operator gets 15-year prison sentence in South Korea due to $50 million scam

Reported by CoinDesk · Published 13 Aug 2026, 9:37 PM MYT (1 hr ago)

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A South Korean court sentenced the head of centralized finance (CeFi) lender Delio to 15 years in prison for embezzling digital assets from more than 1,100 customers.

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Crypto platform operator gets 15-year prison sentence in South Korea due to $50 million scam

Summary

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