South Korea jails Delio CEO for 15 years over $49M crypto fraud

South Korea has sentenced Delio CEO Jeong Sang-ho to 15 years in prison after a Seoul court found him guilty of defrauding customers of about 70 billion won ($49.2 million) in crypto assets. According to local news outlet Newsis, the…

Read Also

Ethena takes USDe basis trade into tokenized US equities

Ethena has added tokenized U.S. equities and equity perpetual futures to the basis trading strategy used for part of USDe’s

XRP could lose some payment flows to stablecoins, Ripple CEO says

Ripple CEO Brad Garlinghouse says XRP may suit some cross-border payments, while stablecoins can be a better fit for other

Billions in Bitcoin options expired today. What actually changed hands?

Bitcoin’s September 25 quarterly options expiry has put an enormous open-interest figure beside a much smaller and less visible question:

Content