According to ChainCatcher, a South Korean industrial skilled worker was sentenced to three years in prison for embezzling the company's virtual currency. It is reported that the person was sentenced to three years in prison in the second trial at the Daejeon High Court, which was reduced from the four-year sentence in the first trial.
The person was accused of illegally transferring about 2.9 billion won (about 2.13 million US dollars) of Ethereum by falsely entering the payment address while working at a blockchain technology company, and using a virtual asset mixing website to hide the proceeds of the crime. The court decided to reduce the sentence in consideration of factors such as his active confession and reconciliation with the company.