News
Korean Influencer Acquitted in Massive Crypto Scam
A 45-year-old Korean influencer known as 'Jonber Kim' was acquitted by a Seoul court after prosecutors sought 20 years in prison for allegedly leading a scam coin manipulation scheme. The court found that the evidence presented by prosecutors was insufficient to link the influencer's actions to the influence on coin prices. The court declared that the victims purchased the digital currencies based on various sources including blogs, YouTube, and acquaintances' introductions, not solely on the influencer's materials.