Taiwan prosecutors seek 20-year sentences for Ace Exchange suspects

According to has THE prosecutors, THE ladder of losses justifies THE sentence recommendation.

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Prosecutors In Taiwan are recommend 20 years prison sentences For THE four main suspects In THE fraud And money whitening case related has cryptocurrency trade platform Ace Exchange.

According to has A local news report, THE Taipei District The prosecutors Desk indicted 32 people on fraud And money whitening charges, including Ace Exchange founder David Stove, her business partner, Linen Keng-hong, And prominent lawyer Wang Chen-huan, WHO served as president of THE exchange.

THE prosecutors NOW believe that on 1,200 people were scammed, resulting In estimated total losses of 800 million New Taiwan dollars ($24.56 million). This East A increase Since THE previous estimated losses of 340 million $NT ($10.6 million).