South Korea's Supreme Court has rejected the appeal of the CEO of cryptocurrency exchange V Global, surnamed Lee, who will be sentenced to 25 years in prison, Yonhap News Agency reported. Lee was sentenced to 22 years in prison following a South Korean district court trial, which was later increased to 25 years and an $8 million fine in a review by the High Court, which was upheld by South Korea's Supreme Court. Foresight News previously reported that the seven executives of V Global were all sentenced to fixed-term imprisonment in the first instance. Among them, two executives surnamed Yang and Ou were sentenced to 8 years and 3 years respectively, and the other four were unnamed. executives were sentenced to three years in prison with five years of probation. V Global lured investors into guaranteeing a 300% return from July 2020 to April last year, resulting in the deception of approximately 50,000 investors.