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Crypto platform operator gets 15-year prison sentence in South Korea due to $50 million scam

By WalletFortify Editorial • agosto 13, 2026

A South Korean court sentenced the head of centralized finance (CeFi) lender Delio to 15 years in prison for embezzling digital assets from more than 1,100 customers.

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Written by WalletFortify Editorial

Lead Market Analyst at WalletFortify. Specializing in macroeconomic trends, institutional crypto cycles, and index fund strategies.

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