v global – DIGIT INFO

Executives from $1.5B South Korean crypto exchange fraud jailed

DIGIT — Wed, 28 Dec 2022 06:04:44 +0000

The latest court action now takes the number of V Global execs behind bars up to seven, as the CEO was previously sentenced to a 22-year prison term.

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South Korea Jails Seven Masterminds of Country’s ‘Largest Crypto Fraud Scheme’

DIGIT — Sun, 13 Feb 2022 07:30:49 +0000

Seven executives of the collapsed South Korean scam cryptocurrency exchange, V Global, were recently handed lengthy jail sentences as punishment for their role in running one of the country’s biggest crypto frauds. Verdict Sets New Benchmark Seven former masterminds of the now-defunct scam crypto exchange, V Global, were recently given jail sentences for their part […]

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Alleged $3.6B crypto Ponzi’s ‘victims’ still believe the exchange is legit

DIGIT — Thu, 10 Jun 2021 04:40:53 +0000

Some of those caught up in an alleged $3.6 billion crypto Ponzi scheme are refusing to aid police investigations as they still expect to triple their investments.

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Lawsuit Accuses Korean Crypto Exchange of $3.5 Billion Scam, Tens of Thousands Defrauded

DIGIT — Sat, 05 Jun 2021 13:00:12 +0000

A class action lawsuit has been filed in South Korea accusing cryptocurrency exchange V Global of defrauding investors. The police reportedly estimate that 69,000 people have invested with the crypto exchange and the damage amounts to 3.8 trillion won. Crypto Exchange Sued for Defrauding Investors South Korean cryptocurrency exchange V Global has been accused of […]

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