Twice Burned: South Korean Crypto Exchange Boss Hit With 2nd Fraud Case
Reports have disclosed that Shin Jin-wook, the chief executive of South Korean crypto exchange Bitsonic, has been handed a second prison term for a fresh fraud charge. Based in Daegu, Shin was found guilty of manipulating trading data and misleading customers. He is already serving a seven-year sentence for misappropriating ₩10 billion (about $7.5 million)…