A South Korean man in his 30s has been sentenced to three years in prison for defrauding a crypto investor of 2.93 billion won (approximately $2.04 million).

The Changwon District Court convicted the man, identified only as Person A, of fraud under the Act on the Aggravated Punishment of Specific Economic Crimes.

He had posed as a wealthy investment expert and lured his victim, met根據Kookje Daily News的說法，通過在線聊天室保證校長並提供30％至50％的年度申報表。他聲稱這筆錢將用於加密貨幣投資，但實際上，他沒有資產或就業機會，並且已經在以前的Crypto Ventures中損失了數十億韓元。

法院指出，儘管有一些資金被返回，但由於賠償金的賠償，否則賠償了一些損害，因此不得不賠償。 Seong-Hwan說，實際利潤遠遠低於總欺詐額。受害者不太可能會完全恢復原狀。