Yonhap News reported that a 20-year prison sentence has been sought for Mr. Jung, the CEO of Delio, an operator of a virtual asset (coin) deposit interest service, who was indicted on charges of embezzling customers' virtual assets. The prosecution stated, "Numerous victims emerged due to the defendant's active deceptive acts and false promotions, and the scale of damage is enormous." They further pointed out, "Despite victims attending every court date and urging severe punishment for the defendant, the defendant continues to evade responsibility and maintain an uncooperative attitude, thereby exacerbating their suffering."
