The release of a group of people who issued "fraud coins" under the name of celebrities

2025.01.08 PM 07:21
Officials from cryptocurrency issuers who were handed over to trial on charges of stealing tens of billions of won by making cryptocurrency for fraudulent purposes by borrowing the names of famous celebrities have been released.

The Seoul Southern District Court cited bail claims against three people, including the operator of the QuinBeecoin developer, identified only by his surname Lee.

The court gave Lee a bail condition of paying 200 million won in deposit, attending at a fixed date and place at the time of summons, and reporting in advance when leaving the country or traveling for more than three days.

Lee and others have been arrested and charged with stealing about 30 billion won by luring more than 13,000 people, claiming that famous celebrities have invested since 2020.

The prosecution is continuing its investigation after finding circumstantial evidence related to Jeon Sung-bae, a reconstruction judge, while investigating the flow of funds in this coin.



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