South Korean Court Acquits Jonbur Kim in $253 Million Crypto Case

The Seoul Southern District Court acquitted crypto influencer Jonbur Kim, originally Park, Thursday in a fraud case involving roughly $253 million in crypto. The case centered mainly on Podo Coin and Artube. The court said prosecutors lacked sufficient evidence to establish the alleged crimes. Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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