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South Korean Exchange CEO Sentenced to 16 Years in Prison


A South Korean district court has sentenced executives of a local crypto exchange to prison. The CEO of the exchange got a 16-year jail sentence while other executives and their accomplices got between six and 11 years. They duped thousands of investors, promising them up to 200% return within...

Alleged India's Ban on Crypto May End Up With a Fine Instead of Jail


The Indian draft bill “Banning of Cryptocurrency and Regulation of Official Digital Currency,” which aims to introduce up to 10 years jail term for cryptocurrency owners, may be softened, according to a new report by local media. A “mild punishment” might be included in the draft bill for...

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