The representative of the South Korean cryptocurrency exchange Bitsonic has been imprisoned again for allegedly defrauding 100 million won

ChainCatcher news, according to DigitalAsset, a representative of the South Korean cryptocurrency exchange Bitsonic has been sentenced to 6 months in prison for involvement in a fraud case amounting to 100 million won. Previously, this representative had been sentenced to 7 years in prison for another fraud case. This fraud involved inducing trades through false announcements, artificially inflating the trading volume and market value of Bitsonic Coin (BSC), thereby defrauding customers of a total of 160 million won.