MarketPR
MACROCanada trade tensions in focus as Trump aide signals Lake Ontario renaming executive orderAug 27REGULATORYMilwaukee Brewers bullpen absorbs 26-out workload after Dustin May exits on one pitchAug 27MACROU.S. military and economic interests in focus after Iran's Rezaei warns of conditional retaliationAug 27MACROLogProstyle moves on I-FLATZ in Kansai expansion pushAug 27PPIHPerma-Pipe (PPIH) closes $139 million global credit facility with J.P. MorganAug 27MACROSix Flags California roller coaster under investigation for potential head injury connectionsAug 27NVDABuild-A-Bear Workshop beats on earnings but misses on revenue as guidance cut complicates the printAug 27DEALSDeere & Company sets $1.62 per-share quarterly dividend, ex-date September 30Aug 27$BTCBitcoin's path to its January high runs through a $81,000-$86,000 supply wall, Glassnode saysAug 27NVDANvidia premarket shares climb 6% after earnings guidance signals sustained AI demandAug 27MACROCanada trade tensions in focus as Trump aide signals Lake Ontario renaming executive orderAug 27REGULATORYMilwaukee Brewers bullpen absorbs 26-out workload after Dustin May exits on one pitchAug 27MACROU.S. military and economic interests in focus after Iran's Rezaei warns of conditional retaliationAug 27MACROLogProstyle moves on I-FLATZ in Kansai expansion pushAug 27PPIHPerma-Pipe (PPIH) closes $139 million global credit facility with J.P. MorganAug 27MACROSix Flags California roller coaster under investigation for potential head injury connectionsAug 27NVDABuild-A-Bear Workshop beats on earnings but misses on revenue as guidance cut complicates the printAug 27DEALSDeere & Company sets $1.62 per-share quarterly dividend, ex-date September 30Aug 27$BTCBitcoin's path to its January high runs through a $81,000-$86,000 supply wall, Glassnode saysAug 27NVDANvidia premarket shares climb 6% after earnings guidance signals sustained AI demandAug 27
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
Share

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.

←Back to the news index

More from the Newsroom

All stories →
01Digital Assets · $BTC

Bitcoin's path to its January high runs through a $81,000-$86,000 supply wall, Glassnode says

The $81,000-$86,000 band is in focus for $BTC. Glassnode, the on-chain analytics firm, calls it the wall between current prices and Bitcoin's January high, pointing to a large cluster of long-term holders near their cost basis across that…

Miles Broadbent2 min read
02Digital Assets

Chainalysis estimates $457B in taxable crypto as CARF coverage falls to 14%

A $457 billion estimate of taxable onchain activity is now in focus, with Chainalysis providing the number and a pointed finding attached: the OECD's Crypto-Asset Reporting Framework covers just 14% of what the blockchain analytics firm…

Miles Broadbent2 min read
03Digital Assets

Debasement trade returns after Bessent bond maneuver, gold and crypto back in style

The concern over the size and cost of U.S. government spending has given new life to the debasement trade. Gold and crypto are both back in focus, with a bond maneuver from Bessent cited as

Miles Broadbent2 min read

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.