The digital asset management platform Steaker is involved in illegal fundraising of NT$1.48 billion, and the founder has been prosecuted
ChainCatcher news, according to United News Network, the digital asset management platform Steaker has launched an investment plan to attract public investment in virtual currencies, allegedly illegally raising approximately NT$1.48 billion over three years. The Taipei District Prosecutor's Office has indicted Steaker and its founder Huang Wei-hsuan along with three others.In response, Steaker issued a statement clarifying that it has never engaged in any illegal activities, expressing deep disappointment over the prosecution. It stated that virtual assets are not legal tender and only provides virtual asset allocation services, without receiving any legal currency or offering exchange services, and explained the full context of the incident in the statement.