Hello, this is SEPOWER.

Recently, the CEO of Haru Invest, who caused damage worth 1.4 trillion won,
was assaulted in court.

Shortly after, a group of people who were caught manipulating the price of "Bae Yong-joon Coin"
and embezzled 15 billion won were arrested and brought to trial.

Cases of coin price manipulation and embezzlement of investors' assets are
coming to light every day.

It seems like there have been many unfortunate events
because they were outside the law.

I hope that all those involved in the case will be severely punished
and that they will be shown that they cannot be happy with the money they have
earned by making others cry.

A professional handler who participated in the processing of 'Queenbeecoin',
a fraudulent virtual asset (scam coin) that was promoted using actor Bae Yong-joon,
has been indicted.

According to legal circles on the 29th, the Virtual Asset Crime Joint Investigation Team of the Southern District Prosecutors' Office in Seoul (Chief Prosecutor Park Gun-wook) indicted A (60), a professional handler of scam coins,
who is known as 'Sim Jeon-mu' and 'Coin President', on charges of fraud. The prosecution indicted a total of four people, including B (51), a senior member of Sim Jeon-mu's organization who was in charge of price manipulation, on charges of fraud.

They are suspected of conspiring with the issuer of Queenbeecoin, a scam coin, from January 2021 to April of the same year, to acquire all of the Queenbeecoin and the issuing foundation, and then falsely promoting the business of Queenbeecoin
and manipulating the price.

They are investigated to have inflated the price of Queenbeecoin and then sold 1.2 billion of them to about 9,000 victims, embezzling 15 billion won. The price at which they originally purchased the coins and the issuing foundation was only 50 billion won. They distributed false promotional articles, used multi-level marketing organizations, and manipulated prices.

They are said to have also held special events where they gave out more of the coin in proportion to the amount purchased or gave out Bitcoin as a discount/product.

This organization even had executives in charge of marketing, finance, organization management, multi-level marketing, price manipulation, and listing, and Sim Jeon-mu A received individual reports from them and directed the entire process of the crime.

www.fnnews.com

This is the full article.

A professional handler who conspired with the issuer of Queenbeecoin, a fraudulent virtual asset (scam coin) that was promoted using a famous actor, and manipulated prices to embezzle 15 billion won from coin investors has been indicted.

The Southern District Prosecutors' Office in Seoul's Virtual Asset Crime Joint Investigation Team announced today (28th) that it has indicted four people, including A, a professional handler of scam coins, on charges of fraud.

A, known as 'Sim Jeon-mu' and 'Coin President', is suspected of conspiring with the issuer of Queenbeecoin to embezzle 15 billion won from coin investors through false promotion and price manipulation.

Queenbeecoin once enjoyed popularity, with its maximum trading volume reaching 1200 billion, as it promoted that it had received investments from actor Bae Yong-joon, but it was eventually delisted due to price manipulation.

According to the prosecution, the 'Sim Jeon-mu organization', led by A, acquired all of the issuing foundation and remaining coins from the scam coin issuer for 50 billion won, and then used false promotional articles, trading volume events, and multi-level marketing organizations to manipulate prices and embezzle 15 billion won from 9,000 victims.

A is investigated to have directed the entire process of the crime by having executives in charge of marketing, finance, organization management, multi-level marketing, price manipulation, and listing.

The prosecution explained that it has uncovered the entire picture of the Sim Jeon-mu organization, indicting 8 members of the organization and transferring 1 to the military.

Forces Youtube Youtube Altcoin Investing Best Time l Alt Bull Market Scenario in the Second Half of the Year
https://www.youtube.com/channel/UC4zo4HgZpsb4RHCXgUnGkBw/join

​
​
Forces Telegram Announcement Channel Sepower contact ↓
Latest information updates and information sharing channel
I am a youtuber force. I am an ordinary investor. I advocate a healthy culture of discussion. Share your thoughts and perspectives on investing. DM: sepower2208 Youtube: https://youtube.com/channel/UC4zo4HgZpsb4RHCXgUnGkBw Email: kalphacube@naver.com Channel Collection https://linktr.ee/ssepowe "A wise investor buys when others are pessimistic and sells when others are optimistic" by Benjamin Graham
t.me
​
​
​
​
Forces Community Sepower contact ↓
Korea Investment Expert ( CRYPTO, STOCK, REAL ESTATE )
linktr.ee