South Korean Prosecutors Seek 20 Years for Former Delio CEO

Solemn male executive at a courthouse podium with prosecutors' notes in the foreground

South Korean prosecutors have asked a court to sentence former Delio CEO Jeong Sang-ho to 20 years in prison, alleging he led a large-scale crypto fraud that caused roughly 250 billion won, or about $169 million to $181.5 million, in investor losses. The request, made during closing arguments at the Seoul Southern District Court, places […]