The Block(@TheBlockCo):NEW: South Korean crypto figure "Coin King Jonbur Kim" was found not guilty of fraud charges linked to a 340 billion KRW ($253 million) crypto scam, according to local news outlet Digital Asset. The Seoul Southern District Court said on Thursday that prosecutors' claims lack sufficient evidence to prove the crime. The influencer, whose real last name is Park, was allegedly involved in the fraudulent issuance, listing, false disclosures, and price manipulation of scam coins, notably involving Podo Coin and Artube.

2026.10.15 09:06

NEW: South Korean crypto figure "Coin King Jonbur Kim" was found not guilty of fraud charges linked to a 340 billion KRW ($253 million) crypto scam, according to local news outlet Digital Asset. The Seoul Southern District Court said on Thursday that prosecutors' claims lack sufficient evidence to prove the crime. The influencer, whose real last name is Park, was allegedly involved in the fraudulent issuance, listing, false disclosures, and price manipulation of scam coins, notably involving Podo Coin and Artube.