Delio CEO sentenced to 15 years in prison on crypto fraud in South Korea

CryptoInfo Editorial Team · Published on August 13, 2026 at 19:21 · Updated on August 13, 2026 · 1 min read

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Key Takeaways

→Delio CEO Jeong Sang-ho has been sentenced to 15 years in prison for crypto fraud in South Korea.
→The sentencing comes over a year after his initial indictment on fraud charges.

Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

Jeong Sang-ho, the CEO of Delio, has been sentenced to 15 years in prison in South Korea on crypto fraud charges. This sentencing comes more than a year after he was initially indicted on fraud charges related to his activities at the crypto company.

According to reporting from CoinTelegraph, this prison term is a significant outcome in the case against Jeong Sang-ho.

Source: CoinTelegraph ↗