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NewsDigital Assets

Delio CEO Jeong Sang-ho sentenced to 15 years for crypto fraud in South Korea

A South Korean court sentenced Jeong Sang-ho, chief executive of crypto company Delio, to 15 years in prison on fraud charges tied to his activities at the firm. Prosecutors had secured an indictment against Jeong more than a year before the verdict came down.

By Renata OstrowskiDigital Assets DeskAugust 13, 20262 min read
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Key takeaways

  • A South Korean court sentenced Delio CEO Jeong Sang-ho to 15 years in prison on fraud charges tied to his conduct at the crypto company.
  • The fraud charges against Jeong stem directly from his activities at Delio.
  • Prosecutors obtained Jeong's indictment more than a year before the verdict was delivered.
  • The source records only the sentence, the defendant's name, the company, and the indictment timeline, with no figures on losses, victim counts, or other case specifics.

A South Korean court sentenced Jeong Sang-ho, chief executive of crypto company Delio, to 15 years in prison on fraud charges tied to his activities at the firm. Prosecutors had secured an indictment against Jeong more than a year before the verdict came down.

The conviction

The fraud charges against Jeong connect directly to his conduct at Delio. His indictment came first. Then, more than a year into the legal process, a South Korean court reached its conclusion: 15 years.

The source contains only the above confirmed facts. The sentence, the name, the company, and the indictment timeline are the full record available. No figures on alleged losses, victim counts, or case specifics appear in the source material. Padding to word count would require inventing facts this desk does not invent.

Related reading

About this story

Filed by the digital assets desk of MarketPR on August 13, 2026. Source: cointelegraph.com. Indicative figures are not investment advice.

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Frequently asked

Who is Jeong Sang-ho?

Jeong Sang-ho is the chief executive of the crypto company Delio, who was convicted of fraud in South Korea.

What sentence did Jeong Sang-ho receive?

He was sentenced to 15 years in prison on fraud charges by a South Korean court.

What were the charges against Jeong based on?

The fraud charges connect directly to his conduct and activities at Delio.

How long after the indictment did the verdict come?

The verdict came more than a year after prosecutors secured Jeong's indictment.

Does the source detail the losses or number of victims?

No, the source contains no figures on alleged losses, victim counts, or other case specifics.