South Korean Crypto Firm Executive Stabbed in Court Over Fraud Allegations, Sentenced to 5 Years on Appeal

According to ChainCatcher, citing Yonhap News Agency, a man in his 50s has been sentenced to five years in prison on appeal for stabbing a cryptocurrency company executive in court. The executive was on trial for allegedly defrauding 1.4 trillion won in crypto assets.

The attacker claimed that his actions were justified due to the financial losses caused by the victim. However, the court held that such acts of private retribution cannot be justified, even during a public trial.