Dossier
Delio
Coverage of Delio in the Nexus archive.
- South Korea sentences Delio CEO to 15 years in prison for $50 million crypto fraud: report
A report stated that South Korea sentenced the Delio CEO to 15 years in prison for $50 million crypto fraud. This sentence is less than the 20-year term sought by prosecutors because the judge acquitted Jeong of a primary charge.
- South Korea seeks 20-year sentence for Delio CEO over $169M crypto fraud
South Korea is seeking a 20-year prison sentence for Delio CEO Jeong Sang-ho over a $169 million cryptocurrency fraud that affected nearly 2,800 investors. Prosecutors allege his deceptive actions froze investors out of their funds, as part of a broader crackdown on the crypto industry.
- South Korea seeks 20-year term for Delio CEO in $169 million crypto case: report
South Korean prosecutors are seeking a 20-year prison term for the CEO of Delio, a cryptocurrency company, over an alleged $168.8 million embezzlement from 2,800 crypto deposit users.