Crypto platform partner sentenced to 15 years in prison for USD 50 million fraud
- A Korean court imposes a 15-year prison sentence on the head of the central financial platform (CeFi) Delio
- The case arose from alleged fraud involving digital assets taken from more than 1,100 customers
- The allegedly stolen amount totals USD 50 million
- Delio operates in the centralized finance sector, supporting crypto trading
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Source: CoinDesk