According to Digital Asset, the Seoul Southern District Court on the 29th delivered its first-instance verdict in the case where QueenBeeCompany's actual operator, Mr. Lee, was accused of assisting shaman Jeon Seong-bae (Geonjin Master) in violating the Political Funds Act regarding QBZ (QueenBeeCoin). All four defendants, including Mr. Lee, were acquitted. The court ruled that the 1 billion KRW in question could not be identified as political funds, and there was no evidence proving that the funds were actually delivered to People Power Party lawmaker Yoon Han-hong or other officials from the Liberty Korea Party's central committee, thus the criminal charges were unproven. Jeon Seong-bae was also acquitted of fraud charges. Additionally, Mr. Lee is still under investigation for other cases, including a 30 billion KRW cryptocurrency fraud, bribery of media outlets, and intentionally leaking police-held BTC. https://(wublock123.com)/news/queenbeecoin-operator-acquitted-political-funding-case-63646