South Korean court orders YouTuber Choi to repay 20 million won in crypto fraud case
A South Korean court has ordered YouTuber Choi Seung-jung to repay a victim's full investment of 20 million won plus interest in a civil case related to the Golden Goal coin. Choi, indicted for fraud involving tens of billions of won, claimed in court that he was also a victim. However, in a damages suit filed by a victim six months ago, the court ruled in February that Choi must repay the full investment. The victim invested 20 million won in 2021 based on Choi's promises of principal protection and an exchange listing, neither of which occurred. The victim subsequently filed the damages suit last year. Hong Pureun, managing partner at Descent Law Office, noted that the ruling is being used as evidence in favor of victims in other ongoing lawsuits. One victim of the Golden Goal coin stated that Choi appears to have moved out substantial funds, with asset checks revealing nothing. Choi's next hearing is scheduled for October 23.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Strive buys $143M in Bitcoin, becomes fifth-largest holder

Strategy Buys 4603 BTC for 370 Million USD

Zcash private transactions could fall below 200ms

The Probability of a U.S. Interest Rate Hike Reaches 57%

NASA and SpaceX Delay Crew-13 Due to Leak in Dragon Spacecraft

Coinhouse Acquires Tilvest and Strengthens Its Position in Crypto Management

"Technology Takes a Backseat": How Stablecoins Transition from Savings to Everyday Payments

Fogo Mainnet Has Been Stopped For 46 Hours With No Restart Timeline

Circle Issued 5 Billion USDC in a Week: Crypto Market Awaits Altseason Again

Hacking: Belgium demands crypto addresses from illegal sites

Banks Improved Their Profitability, But Concerns Over Delinquency Persist: Key Insights from Recent Financial Statements

CME Targets ETFs: The First FCA-Regulated Multi-Asset Crypto Indices Are Born

Why the SEC’s $75 million crypto path is not the same deal Congress is offering

Crypto Funds: $3.2 Billion in One Week, Bank of America Hasn't Seen This Since October 2025

What Is Worth Preserving: Rupture On Remains, Decay, And The Collector's Dilemma

Fundamental Analysis of Cryptocurrencies: How to Evaluate Digital Assets Before Buying

AI Forces Diversification of Bitcoin Custody

Switchboard Halts Oracle Operations On SUI And Aptos After Potential Compromise

Central Bank Bans Advertising of Unlicensed Cryptocurrency and Payment Businesses

OKI vs IKE vs IKZE: What to Choose in 2026? Taxes, Limits, and Calculations for 2027

Charles Schwab Expands Crypto Platform Beyond Bitcoin And Ethereum

Natura Changes CEO: Carlucci Returns After a Decade

Focus: Inflation Eases, But Declining GDP Raises Concerns

Predictions of Market Regulation Spark a Political Battle

Warren Buffett Turns 96: The Investments That Made Him a Wall Street Legend

After MiniMax's Stock Price Rebounds 92%: What Remains When a Model Company Removes the Model

FBI and Australian police charge two in TeamPCP probe

Meta Faces Dilemma After AI Layoffs: Cybersecurity Incidents Up 40%, Cleanup Time Up 70%

Bitcoin Holds $78K As Strait Of Hormuz Strike Lifts Oil Above $90











