Crypto Exchange Bitsonic Executives Reportedly Sentenced for $7.5M Theft

The head of Bitsonic's technical department received a one-year sentence for stealing customer deposits worth $7.5M, while the CEO was given a seven-year prison term.

The head of Bitsonic's technical department received a one-year sentence for stealing customer deposits worth $7.5M, while the CEO was given a seven-year prison term.

South Korean authorities reportedly detained Jinwook Shin, the CEO of cryptocurrency exchange Bitsonic.