{"id":84670,"date":"2023-11-15T00:55:42","date_gmt":"2023-11-15T05:55:42","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/crypto\/south-korean-woman-stole-exs-1-3m-crypto-stash\/"},"modified":"2023-11-15T00:55:43","modified_gmt":"2023-11-15T05:55:43","slug":"south-korean-woman-stole-exs-1-3m-crypto-stash","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=84670","title":{"rendered":"South Korean Woman Stole Ex\u2019s $1.3m Crypto Stash"},"content":{"rendered":"<div>\n<figure id=\"attachment_131160\" aria-describedby=\"caption-attachment-131160\" style=\"width: 1500px\" class=\"wp-caption alignnone\"><noscript><\/noscript><figcaption id=\"caption-attachment-131160\" class=\"wp-caption-text\">Source: moon\/Adobe<\/figcaption><\/figure>\n<p>A South Korean woman who stole her ex-husband\u2019s $1.3 million crypto stash has been handed a suspended jail sentence.<\/p>\n<p>Per Yonhap News, an unnamed woman aged 32 stole the coins from her ex-partner\u2019s crypto wallet after the end of their common-law marriage.<\/p>\n<p>The 14th Criminal Division of the Incheon District Court found the woman guilty of violating the Act on the Promotion of Information and Communications Network Utilization.<\/p>\n<p>The court also found her guilty of fraud under the Act on the Aggravated Punishment of Specific Economic Crimes.<\/p>\n<p>But the judge sentenced the woman to 18 months in prison, suspending the sentence for two years.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\ud83c\uddf0\ud83c\uddf7 South Korean Police Shut Down \u2018International Crypto Fraud\u2019 Ring, Freeze $1.2m<\/p>\n<p>South Korean police have swooped on a group of suspected \u201cinternational\u201d crypto fraudsters, freezing over $12 million and arresting 49.<a rel=\"nofollow\" href=\"https:\/\/twitter.com\/hashtag\/CryptoNews?src=hash&amp;ref_src=twsrc%5Etfw\">#CryptoNews<\/a> <a rel=\"nofollow\" href=\"https:\/\/twitter.com\/hashtag\/SouthKorea?src=hash&amp;ref_src=twsrc%5Etfw\">#SouthKorea<\/a>https:\/\/t.co\/pCMczM7YJy<\/p>\n<p>\u2014 Cryptonews.com (@cryptonews) <a rel=\"nofollow\" href=\"https:\/\/twitter.com\/cryptonews\/status\/1722187435356934614?ref_src=twsrc%5Etfw\">November 8, 2023<\/a><\/p>\n<\/blockquote>\n<p>The woman, a court heard, \u201cbroke into\u201d her ex\u2019s wallet \u201cusing a desktop PC at his home in Gangnam, Seoul.\u201d<\/p>\n<p>She then \u201ctransferred\u201d the crypto holdings to a wallet she had created on a mobile phone.<\/p>\n<p>The court also heard that the woman committed the crime \u201con the same day\u201d that her common-law husband had ended their relationship.<\/p>\n<p>Prosecutors explained that the duo had \u201cbeen in a common-law marriage since the end of 2015\u201d and had \u201craised two children together.\u201d<\/p>\n<p>The court ruled that the woman had \u201ctaken advantage of the trust\u201d of her former partner to \u201csteal a large amount of his property.\u201d<\/p>\n<p>Prosecutors said the woman and her partner had argued about how they should divide their shared belongings and assets before she stole the coins.<\/p>\n<p>In sentencing, the presiding judge said that there were \u201csome extenuating circumstances\u201d that led the court to suspend her jail sentence.<\/p>\n<p>Investigators were also able to confiscate the coins and return them to the woman\u2019s former partner.<\/p>\n<p>Earlier this year, a court in Ulsan gave a civil servant who stole thousands of dollars worth of public funds to pay for crypto investments a suspended jail sentence and two years of probation.<\/p>\n<p>Last year, a South Korean government worker went on the run with $2.8 million worth of public funds reportedly used to make a series of crypto investments.<\/p>\n<div class=\"newsletter home-newsletter single\">\n<div class=\"left-side\">\n<p>\n        <em><br \/>\n            Enter your email for our Free Daily Newsletter        <\/em>\n    <\/p>\n<p> A quick 3min read about today&#8217;s crypto news!<\/p>\n<p>    <span class=\"response-msg\" id=\"newsletter-response\"><\/span>\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>Read the full article <a href=\"https:\/\/cryptonews.com\/news\/south-korean-woman-avoids-jail-after-stealing-ex-husbands-1-3m-crypto-stash.htm\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: moon\/Adobe A South Korean woman who stole her ex-husband\u2019s $1.3 million crypto stash has been handed a suspended jail sentence. Per Yonhap News, an unnamed woman aged 32 stole the coins from her ex-partner\u2019s crypto wallet after the end of their common-law marriage. The 14th Criminal Division of the Incheon District Court found the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":84671,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[243],"tags":[83],"class_list":["post-84670","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto","tag-featured"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>South Korean Woman Stole Ex\u2019s $1.3m Crypto Stash | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Source: moon\/Adobe A South Korean woman who stole her ex-husband\u2019s $1.3 million crypto stash has been handed a suspended jail sentence. 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