【arrays in system verilog】Ban Hammer Remains: South Korea’s Financial Services Commission Refuses to Lift ICO Ban

时间：2024-09-29 12:22:31 来源：网络整理编辑：Knowledge

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The ban on initial coin offerings in South Korea will stay, the country’s financial regulator has sa arrays in system verilog

Thearrays in system verilog ban on initial coin offerings in South Korea will stay, the country’s financial regulator has said in a

statement

【arrays in system verilog】Ban Hammer Remains: South Korea’s Financial Services Commission Refuses to Lift ICO Ban

The decision by the South Korean Financial Services Commission (FSC) follows a survey which the regulator commissioned. Among the findings of the survey include the fact that some ICO projects misrepresented themselves. For instance, some had claimed to be fundraising abroad but they went on to involve South Koreans.

【arrays in system verilog】Ban Hammer Remains: South Korea’s Financial Services Commission Refuses to Lift ICO Ban

Dirty Tricks Employed to Evade ICO Ban

According to the FSC, the projects did this by registering in Singapore in order to circumvent South Korea’s ICO ban. Some of the evidence that the FSC obtained included marketing materials and white papers written in Korean.

The FSC has also accused some of the projects of concealing material information from investors including financial statements and company profiles. From the survey, the FSC also concluded that some projects also duped investors by offering false information.

【arrays in system verilog】Ban Hammer Remains: South Korea’s Financial Services Commission Refuses to Lift ICO Ban

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