Banker Faces 10-year Jail Term after Borrowing Money in Mother's Name to Buy Crypto

aded guilty to violating the Act on the Aggravated Punishment of Specific Economic Crimes. The court heard that A has "illegally borrowed" over USD 2.3m worth of fiat KRW "in the name of his mother and other relatives" in a period from October 2019 to March 2020 while working in the loans depa...