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‘Scam’ Crypto Exchange Victims Demand Execs Face ‘Maximum’ Punishment
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Victims of the alleged V Global crypto exchange scam have demanded “maximum sentences” for executives of the trading platform ahead of their trials.
Fourteen executives, including the V Global CEO, are set to stand trial at a branch of the Suwon District Court next month, although the investors’ group says that 40 other officials should be charged with fraud.
If found guilty, the executives could face minimum jail sentences of three years. But the investors say that only lengthy jail terms for all involved will deter the alleged scam masterminds from striking again. Senior officials have been linked with another alleged MLM scam involving a now-defunct crypto exchange.
The group was quoted as stating:
“The platform is not making any effort to
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