A South Korean finance employee was sentenced to three years’ imprisonment for embezzling 570 million KRW of company funds to invest in crypto assets.

According to South Korean media outlet Newsis, a man in his twenties, who worked as a company finance staff member in South Korea, was sentenced to three years’ imprisonment by the Busan District Court for embezzling corporate funds to invest in cryptocurrencies. The court determined that between 2021 and 2025, he transferred company funds into his personal account approximately 680 times, embezzling a total of roughly 570 million KRW, which he used for cryptocurrency trading, overseas travel, and daily expenses. He also forged certificates of corporate deposit trust balances to conceal his crimes.