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Banker Faces 10-year Jail Term after Borrowing Money in Mother’s Name to Buy Crypto

aded guilty to violating the Act on the Aggravated Punishment of Specific Economic Crimes.The court heard that A has “illegally borrowed” over USD 2.3m worth of fiat KRW “in the name of his mother and other relatives” in a period from October 2019 to March 2020 while working in the loans depa……

Continue reading on https://cryptonews.com/news/banker-faces-10-year-jail-term-after-borrowing-money-in-mothers-name-to-buy-crypto.htm


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