BitSonic CEO Shin, currently serving a 7-year sentence for a 10 billion KRW (approximately $7.5 million USD) fraud, has received an additional 6 months in prison. This new sentence stems from a separate fraud charge related to the virtual asset BSC (BitSonic Coin). According to Digital Asset, Judge Sung Ki-joon of the Daegu District Court found Shin guilty of manipulating the market. Shin artificially inflated BSC's price by using exchange funds to repurchase the coin, a practice known as "buyback." This scheme defrauded investors out of approximately 10 billion KRW. The original 7-year sentence was upheld by the Supreme Court in October 2024. This latest conviction further compounds the legal troubles for the former BitSonic CEO, highlighting the ongoing crackdown on cryptocurrency-related fraud in South Korea. This case serves as a stark warning to those attempting to manipulate the digital asset market. ```