Seoul Court Acquits 'Jonbeo Kim' in 340 Billion Won Scam Coin Fraud Case
- —The scam coin case is valued at roughly 340 billion won
- —Park, 45, and Han, 42, a company CEO, were acquitted
- —The ruling was issued by the Seoul Southern District Court's 13th Criminal Division
Why it matters: The acquittal in a major scam coin case could weaken the perceived deterrence against crypto fraud in South Korea.
Source: Coinotag