A former executive of South Korean cryptocurrency exchange CoinoneOfficial, who was accused of taking bribes in return for listing certain coins, has acknowledged the charges against him during a trial hearing. By JamieCrawleyCD
"Mr Jeon," Coinone's former director of listing, was accused of receiving nearly 2 billion won in return for listing virtual assets such as"Furiever Coin," which was listed exclusively on the exchange, andto a kidnapping and murder investigation in the Gangnam district in Seoul. Jeon's broker, known as"Mr Ko," is accused of facilitating the listings.
At a trial hearing on May 25, a lawyer for the two reportedly said:"I admit the facts of the prosecution." "Basically, we are acknowledging the facts of the prosecution, but since we have not been able to view all the evidence, we will present a final opinion after review," the lawyer added.have also been accused, but their lawyers said they have yet to finish reviewing evidence and will respond to the charges at the next trial hearing on June 15.
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