Pro golfer Ahn Sung-hyun acquitted in crypto listing bribery appeal

Professional golfer Ahn Sung-hyun has been acquitted in an appeals court on charges of accepting billions of won to facilitate a cryptocurrency exchange listing, overturning a previous prison sentence, News1 reported. On Feb. 2, the Seoul High Court's 13th Criminal Division found Ahn not guilty of fraud and breach of trust. He had previously been sentenced to four years and six months in prison in his first trial. Two other individuals tried for their involvement received suspended sentences. Lee Sang-jun, the former CEO of Bithumb Holdings, was sentenced to two years in prison, suspended for three years, and ordered to forfeit 11.525 million won (around $8,700). Kang Jong-hyun, a businessman who solicited the listing, received a one-year prison sentence, suspended for two years.