[Breaking] Song Chi-hyung, Chairman of Dunamu, Acquitted Again in 2nd Trial Over 'Upbit Wash Trading' Allegations
[Asia Economy Reporter Kim Daehyun] Song Chihyung, chairman of Dunamu, who was indicted on charges of inflating trading volume through wash trading, was acquitted again in the second trial. On the afternoon of the 7th, the Seoul High Court Criminal Division 1-3 (Presiding Judges Shim Dam, Lee Seungryeon, and Eom Sangpil) delivered a not guilty verdict in the appeal trial of Chairman Song, who was charged with fraud under the Act on the Aggravated Punishment of Specific Economic Crimes, just as in the first trial.
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