Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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Crypto investor 3LAU exits friend.tech due to possible regulatory risks
2023-09-16 06:18
Odaily News Popular music host and crypto investor 3LAU exited friend.tech, 3LAU said: I think it is a great product, but the risk is too great for me. I dont think the risk is high, but I certainly have a responsibility not to participate in less clear regulatory spaces. Apart from the AMM mechanism, everything is fine, and I don’t want my brand to be associated with AMM in this way.” 3LAU said it will reimburse anyone who purchased his keys people.