PANews May 28 news, according to South Korean media reports, the main perpetrator A and accomplice B of South Korea's first case prosecuted for allegedly manipulating virtual asset prices have recently been granted bail by the court. According to the prosecution's charges, they traded approximately 1.22 million C coins through false buy and sell orders, illegally profiting about 7.1 billion Korean won (approximately 5.2 million US dollars). This case is the first major crime case exposed after the implementation of the (Virtual Asset User Protection Law) last year.
However, some industry insiders have expressed concern about the bail decision, believing it could lead to evidence destruction or further crimes, especially since there may be other unlisted token clues on A's computer. Additionally, another accomplice D in the case has fled overseas and has not yet been captured, with the prosecution investigating more potential involved individuals. Both A and B denied the relevant charges during the court hearing.