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The Abelian Foundation will attend the TEAMZ Web3/AI Summit in Tokyo as a silver sponsor

ChainCatcher news, the Abelian Foundation has announced that it will participate as a silver sponsor in the TEAMZ Web3/AI Summit held in Tokyo on April 13 and 14, 2024. Core team members of the foundation will attend at the main venue, Tokyo Toranomon Hills Forum, adjacent to the diamond sponsor booth. This booth provides all attendees with an opportunity to engage in in-depth discussions with the team, learn about quantum-safe blockchain technology, and obtain exclusive merchandise from Tokyo.It is reported that TEAMZ Tokyo is one of the largest and most influential events in Japan's Web3 industry, with this year's theme emphasizing the affinity between Web3 and artificial intelligence. Visit the official ticket shop and use Abelian's discount code "AB2024" to get a 10% discount on tickets for the TEAMZ Web 3/AI Summit 2024.Abelian: Quantum-safe privacy blockchain pioneers the blockchain security movement for the future of the entire Web3 ecosystem.Abelian Pro: A quantum-safe mobile cryptocurrency wallet that allows users to manage their own funds while providing different levels of privacy—such as complete privacy, pseudonymous privacy, etc. Abelian Pro will soon allow users to issue their own quantum-safe tokens, stablecoins, and NFTs through AUT (Abelian User Terms). The quantum-safe mobile wallet is available for download on the iOS App Store and Google Play Store.Mabel Pools: The official mining pool of the Abelian Foundation, supporting Windows, Linux, and HiveOS. Mining servers are strategically distributed across continents, allowing global miners to connect to the pool with low latency. It currently supports over 120,000 GPU cards. Mabel Pools accessible.The Abelian Foundation is supported by Draper Dragon and CLS Ventures and collaborates with well-known industry partners such as Hacken.As a pioneer in promoting future security standards, the Abelian Foundation strongly advocates for financial privacy and security innovation. The foundation recently announced that it will be listed on three exchanges soon and is preparing to promote to a wider audience.

The MZC virtual currency illegal public deposit case has been sentenced, having raised over 5 million yuan in Fcoin

ChainCatcher news, recently, the People's Court of Qujiang District, Shaoguan City, heard a case of illegal public deposit absorption through virtual currency. In 2019, Deng collaborated with a South Korean company to introduce MZC virtual currency investment and conducted transactions through the online investment platform FCOIN, developing friends and relatives in Shaoguan as members, and further expanded membership in cities like Shenzhen and Changsha through creating national member exchange WeChat groups, on-site explanations, and conference promotions, enticing members to buy MZC virtual currency by promoting "high returns" and "high value."At the end of 2019, the funding chain of MZC virtual currency broke, and soon after, the FCOIN trading platform closed. Many participants in the fundraising could not withdraw the purchased virtual currency. Deng exited the private placement and incurred partial losses totaling over 2 million yuan according to the market price of MZC currency. In May 2020, the fundraising participants chose to report the case. After the case was prosecuted, the Qujiang Court found that Deng illegally absorbed public deposits, disrupting financial order, and his actions constituted the crime of illegal absorption of public deposits, which was of a huge amount.It was found that there were 54 clearly reported fundraising participants, and there were 346 accounts of unreported fundraising participants, with a total illegal deposit absorption of over 5 million yuan, causing direct economic losses to the fundraising participants totaling over 2 million yuan. During the trial, Deng's family returned illegal gains of 200,000 yuan to the court and compensated the fundraising participants over 2 million yuan. The Qujiang Court thus sentenced Deng to three years and six months in prison, fined him 100,000 yuan, and ordered him to repay the remaining unpaid fundraising amount. (Source link)
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