Coinspeaker
Guilty Pleas in Coinone Case: Defendants in South Korea Admit Charges
On May 25th, broker Ko Mo and former Coinone listing director Jeon Mo pleaded guilty to several charges during their first hearing before the judge.
According to local media, Ko Mo was accused of soliciting and delivering up to 6 million won in cryptocurrencies and cash to Jeon Mo and Kim Mo. Jeon, on the other hand, was accused of receiving payments in cryptocurrencies and cash totaling 1.92 billion won ($1.51 million) for listing coins such as “Furiever Coin”, which was linked to a kidnapping and murder investigation in Gangnam district, Seoul.
However, their lawyers argued that they have not yet had complete access to all the evidence records, so they will provide a final opinion after reviewing them.
“Basically, we acknowledge the accusation, but since we haven’t been able to access all the evidence records, we will provide a final opinion after reviewing them.”
The next hearing for Ko and J
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