Goyang court convicts fake-coin launderer under Korea's crypto user law

• A South Korean court has jailed a money launderer for two and a half years in a fake-coin investment scam, using a new crypto protection law for fraud.
• Prosecutors are now using the Virtual Asset User Protection Act against ordinary scams, even without a referral from regulators.
• What did the court decide in the fake-coin scam case?