He was indicted in July of last year.
Hwang appeared in court wearing a black suit and kept his head bowed throughout the proceedings.
Prior to the sentencing, the prosecution had requested a four-year prison sentence for Hwang.
The judge also took into account Hwangs admission of guilt and his remorse.
He had made a public apology and deposited funds in restitution after the indictment.
This, along with Hwang being a first-time offender with no prior criminal record, influenced the sentencing decision.
After the ruling, Hwang expressed deep regret, stating,“I apologize to the football fans.
I am truly sorry.”
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