2026-01-17 03:53:19

The Korean court recently issued a second-instance verdict on a large-scale virtual currency scam case, with the main culprit sentenced to 3 years and 6 months in prison, and four recruitment personnel receiving sentences of 1-2 years or probation.

The scam gang's tactics are not complicated but highly deceptive: they claimed to be "AI automated trading"

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

8 Likes

Reward
8
7
Repost
Share

Comment

0/400

DeFiAlchemist

· 6h ago

ai-powered trading bots... the modern philosopher's stone that transmutes retail deposits into criminal yield. predictable pattern really—promise algorithmic enlightenment, deliver liquidation. the transmutation failed spectacularly here.

Reply0

ser_we_are_early

· 12h ago

AI automated trading? Ha, this joke is so overused, and people still fall for it. Light sentencing, 3 and a half years? How many people got scammed for such a light sentence? It's Korea again, scammers here are one after another. AI trading + promises of high returns, the eternal classic combo. Just thinking about it, you know it's a scam. Hey, there's even probation? That's pretty funny.

View OriginalReply0

DAOdreamer

· 12h ago

AI automated trading? Ha, it's the same old story. Korea has already sentenced people, and some still believe this? It's about time to crack down on these "automatic money-making" scammers. It's outrageous. Three and a half years, that's a bit lenient... How many people's hard-earned money have these guys scammed? How can the "AI automated trading" excuse still be so convincing... I'm truly speechless. The punishment isn't harsh enough. Cases like this should have stricter penalties, right? It's the same old trick of automated trading again. Enough already, everyone should learn a lesson. But on the other hand, can such sentences really serve as a deterrent... It doesn't seem to hurt at all.

View OriginalReply0

PessimisticLayer

· 12h ago

AI automated trading is back again, how old is this trick now? Sentenced to 3 years and 6 months? Feels a bit light. It's Korea again, the crypto circle again, and scammers again—really outrageous. I can't understand how people still believe in cases like this after the verdict. Can you stop using AI as a cover to deceive people? It's really annoying.

View OriginalReply0

MissingSats

· 12h ago

It's the same old trick of "AI automated trading" again, really should be phased out Three years and six months seems a bit light, what about the amount these scammers got away with The Korean court has finally taken action, but there are more cases like this domestically, and the trial speed is I'm tired of hearing the term "AI automated trading," I keep falling into this trap every time Fraud gangs are still evolving, next time, what gimmick will they come up with? Let me guess It's been over a year and they're still sentencing, victims are exhausted waiting Recruitment personnel are also accomplices, is probation really serious?

View OriginalReply0

ContractSurrender

· 12h ago

AI automated trading... Here we go again, do people really believe this? The punishment is a bit light. Scammers like this should be heavily penalized. Korea's law enforcement is still quick, what about here? It's again under the banner of AI. The number of scams claiming to use AI is ridiculously high. Three and a half years? Feels like the victims are the ones losing out.

View OriginalReply0

NeverPresent

· 13h ago

AI automated trading is back again. How bad does this scheme have to be to keep fooling people? A sentence of 3.5 years isn't heavy at all. If it were me, I’d say it should be longer. Honestly, this scam gang has zero technical content; it's purely fooling beginners, especially those who are extremely eager to get rich quickly. With this level of crackdown from the Korean courts, China would have started over a decade ago. Using the AI banner to do bad things—serves them right to be caught.

View OriginalReply0