Alleged fraudster held over $82,000 in crypto, $35,000 in Revolut deposits

Alleged fraudster held over $82,000 in crypto, $35,000 in Revolut deposits

Alleged fraudster Tammy Caruana held a crypto wallet containing over $82,000 in Bitcoin and other cryptocurrencies, and operated two Revolut accounts that received more than $35,700 in deposits, a court heard.During the compilation of evidence against the 25-year old woman from St Paul’s Bay who is charged with defrauding around 200 people out of €1...

20-Year Prison Sentence Demanded for Delio CEO: FTT Connection

The post 20-Year Prison Sentence Demanded for Delio CEO: FTT Connection appeared on BitcoinEthereumNews.com. South Korean prosecutors have demanded a 20-year prison sentence for Delio’s CEO Jeong Sang-ho, the crypto asset investment platform. Delio created shockwaves in the industry when it suddenly halted customer withdrawals in June 2023. In the closing arguments at the Seoul Southern District Court, prosecutors claimed that Jeong violated the…

Crypto Fraud: Delio CEO Faces 20-Year Sentence In $180M

On Thursday, April 30, 2026, prosecutors in Seoul have sought a 20-year prison sentence for Delio CEO Jeong Sang-ho in a major crypto fraud case. The request came during final arguments on April 30, 2026, at the Seoul Southern District Court. The prosecution filed charges under the Act on Specific Economic Crimes. The case focuses […]

South Korean Prosecutors Seek 20-Year Sentence for Delio CEO

What are the charges against Delio’s CEO? South Korean prosecutors have requested a 20-year prison sentence for Jeong Sang-ho, CEO of crypto asset deposit platform Delio, over allegations tied to the misappropriation of digital assets valued at around 250 billion won ($168.5 million). The request was made during closing arguments at the Seoul Southern District Court, where Jeong faces charges under the Act on Aggravated Punishment of Specific Ec…

South Korean Prosecutors Seek 20‑Year Prison Term for Delio CEO Jeong Sang‑ho

TL;DR: South Korean prosecutors requested a 20-year prison sentence for Delio’s CEO over the embezzlement of 250 billion won in crypto assets. The case involves around 2,800 users affected by the abrupt suspension of withdrawals at Delio in June 2023, which lasted two years. The Seoul Southern District Court is scheduled to issue its first-instance verdict on July 16, 2026. Prosecutors in South Korea requested a 20-year prison sentence for Jeon…