South Korean woman jailed for two years for $500,000 crypto theft

South Korean woman jailed for two years for $500,000 crypto theft

The post South Korean woman jailed for two years for $500,000 crypto theft appeared on BitcoinEthereumNews.com.

A South Korean woman has been sentenced to two years in prison for stealing about $500,000 worth of digital assets from her boyfriend. According to reports, the woman, in her 40s, carried out the theft while her boyfriend was sleeping. Prosecutors did not reveal the name of the perpetrator during the trial. According to reports, the accused woman stole around 683 million won, worth approximately $488,000. She carried out the theft in January, with the sentencing being carried out this week. During her trial, the woman was also convicted on charges of embezzlement after it was discovered she also stole 2 million won in cash, worth about $1,430. The news was reported by local media in South Korea. South Korean woman sent to jail for crypto theft According to the authorities, the crime occurred at 11:50 PM at her boyfriend’s house in Jeju City, South Korea, on January 5. They said that the woman had carefully memorized her boyfriend’s login details in the hopes that she would access his account when he went to bed. While he was sleeping, the woman took his phone and used his bank apps and exchanges to transfer funds to her personal accounts. Authorities mentioned that after stealing the money, the South Korean woman fled the location, boarding a plane to another part of the country. She had the intention of staying there and enjoying the stolen funds. However, things did not go the way she had thought as the police nabbed her at a hotel near Gumi, North Gyeongsang Province. She was subsequently arrested and moved back to Jeju City to answer for her crimes. According to the details of the case, the woman admitted to the charges, noting that she carried out the criminal act on January 5 while her boyfriend was sleeping.…