THELOGICALINDIAN - A chic activity accusation has been filed in South Korea accusing cryptocurrency barter V Global of ambidexterity investors The badge reportedly appraisal that 69000 bodies accept invested with the crypto barter and the accident amounts to 38 abundance won
Crypto Exchange Sued for Defrauding Investors
South Korean cryptocurrency barter V Global has been accused of artifice account $3.8 abundance won ($3.5 billion).
A chic activity accusation has been filed by 130 victims. Daegeon, a law close apery the victims, said: “The 130 victims absitively to book a collective complaint with the Gyeonggi Southern Police Agency adjoin three admiral and employees, including the CEO of V Global, a cryptocurrency exchange, on June 4.” According to bounded media:
Han Sang-joon, a advocate at Daegeon, explained that there were “actually 20,000 to 30,000 victims who did not get their money back, and 600 billion to 1 abundance won in money that was not returned.” However, he emphasized that “It could be bigger.” In April, V Global filed a complaint adjoin Daegeon for defamation.
V Global captivated conference sessions beyond the country from August aftermost year until recently, able investors that if they accessible an annual with the crypto barter and drop at atomic 6 actor won into the account, they “will get aback 18 actor won, three times the advance in a abbreviate aeon of time.”
The victims additionally said that V Global disconnected investors into 7 levels and promised to pay them anniversary time they brought in a new member. Investors anon accomplished that the crypto barter operated a Ponzi arrangement and the advance of absolute associates is alternate with the money from new members. V Global has additionally issued its own built-in token.
Gyeonggi Nambu Badge Agency doubtable actionable activities at V Global beforehand this year and launched an investigation. The badge are reportedly accretion their analysis civic back the aggregation captivated advance conference sessions and recruited investors from all over the country.
Last month, the badge raided the cryptocurrency barter and V Global absent 240 billion won. Nam Gu-jun, arch of the National Investigation Headquarters, said, “We accept appointed about 60 suspects so far, and we are allegory the confiscated items afore indictment.”
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