South Korean court orders YouTuber Choi to repay 20 million won in crypto fraud case
A South Korean court has ordered YouTuber Choi Seung-jung to repay a victim's full investment of 20 million won plus interest in a civil case related to the Golden Goal coin. Choi, indicted for fraud involving tens of billions of won, claimed in court that he was also a victim. However, in a damages suit filed by a victim six months ago, the court ruled in February that Choi must repay the full investment. The victim invested 20 million won in 2021 based on Choi's promises of principal protection and an exchange listing, neither of which occurred. The victim subsequently filed the damages suit last year. Hong Pureun, managing partner at Descent Law Office, noted that the ruling is being used as evidence in favor of victims in other ongoing lawsuits. One victim of the Golden Goal coin stated that Choi appears to have moved out substantial funds, with asset checks revealing nothing. Choi's next hearing is scheduled for October 23.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Stablecoin Rewards Divided into Reserve Asset and Activity Income

U.S. Mint to Release 2026 Trump Portrait One-Dollar Coin

95.2% of Circle's Q2 Revenue Comes from Interest

South Korea's Media Giants Etoday and Nexblock Partner with RootData to Strengthen Web3 Data Content Collaboration

Analyst Willy Woo Predicts Bitcoin Price Could Reach $5 Million

NOT A HOTEL Announces Collaboration with Pokémon

Strategy Buys 4603 BTC for 370 Million USD

Zcash private transactions could fall below 200ms

The Probability of a U.S. Interest Rate Hike Reaches 57%

SpaceX Pushes for Internal Data Learning in Grok

SK Hynix American Depositary Receipts Indicate Opening Price of $180, Issue Price of $149

Morgan Stanley Initiates Coverage on SpaceX with a Target Price of $300

Bernstein: Coverage research on SpaceX launch, target price $239

SpaceX's stock price decline has widened to 5.9%

Wedbush initiates coverage of SpaceX with an "Outperform" rating and a target price of $190

Research institution: gives SpaceX (SPCX.O) a "sell" rating, target price $115

Goldman Sachs will serve as the lead underwriter for SpaceX's IPO

Benchmark has lowered the target price for Strategy from $705 to $570

GameStop has staked 4,709 BTC on Coinbase for a covered call option strategy









