Delisting of Puriever (PURE) by Coinone: An Overview

On April 24th, Coinone, a South Korean cryptocurrency exchange, announced on April 21st that it would delist Puriever (PURE) because “the results confirmed that the project did not have any cooperative relationships with partners promoted by multiple media, and the project’s official website provided incorrect information to investors.” The issuer of Puriever (PURE) stated that it would file a lawsuit against the exchange in court. It is reported that Coinone is involved in a scandal in which its former employees took bribes and paid coins for the Puriever (PURE) token, and the Puriever project was involved in a “Jiangnan homicide case”. The suspect once lost money after investing in PURE tokens in 2022, or kidnapped and killed one of the management personnel of the Puriever project due to resentment, but the Puriever project party denied the relationship with the victim. （News1）

Coinone, a cryptocurrency exchange in South Korea, delisted PURE tokens on suspicion of false advertising

In this article, we will discuss the recent announcement made by Coinone, a South Korean cryptocurrency exchange, regarding the delisting of Puriever (PURE) from its platform. We will explore the reasons provided by Coinone for the delisting of the token and delve into the controversy surrounding the Puriever project. We will also discuss the legal action threatened by the issuer of Puriever against the exchange and investigate the scandal involving former employees of Coinone and the Puriever (PURE) token.

Background

On April 24th, Coinone made headlines when it announced the delisting of Puriever (PURE) from its cryptocurrency exchange. According to Coinone, the decision to delist Puriever was reached after an investigation was conducted which found that the project did not have any cooperative relationships with partners promoted by multiple media outlets, and the project’s official website provided incorrect information to investors. The announcement sparked a wave of reactions in the cryptocurrency community, and the issuer of Puriever made it clear that it will file a lawsuit against Coinone in court.

Controversy Around the Puriever Project

The Puriever project has been mired in controversy for some time now. The project’s website claims that it offers a “decentralized healthcare platform” that aims to connect patients with medical service providers. However, several red flags were raised when investors began to scrutinize the project, including the fact that the project’s whitepaper contained incomplete and inaccurate information, and that the team behind Puriever was hardly visible or active on social media.

Legal Action Against Coinone

The issuer of Puriever (PURE) has threatened to file a lawsuit against Coinone in court for delisting the token. According to the issuer, Coinone’s decision to delist the token was a breach of contract, and it is seeking damages for the losses incurred as a result of the act.

Scandal Involving Former Coinone Employees and Puriever (PURE) Token

Coinone’s decision to delist Puriever (PURE) has also brought to the fore a scandal involving former employees of Coinone and the Puriever token. According to reports, former employees of Coinone took bribes and paid coins for the Puriever (PURE) token. The Puriever project was also linked to a “Jiangnan homicide case” where the suspect allegedly invested in PURE tokens in 2022 and kidnapped and killed one of the management personnel of the Puriever project due to resentment. However, the Puriever project party denied any relationship with the victim.

Conclusion

The delisting of Puriever (PURE) by Coinone has added to the already controversial reputation of the Puriever project. The issuer’s threat of a lawsuit against Coinone is further evidence of the legal battles that have plagued the cryptocurrency industry. The scandal involving former employees of Coinone and Puriever (PURE) token only serves to underscore the need for tighter regulations and accountability within the industry.

FAQs

Q1. What is Puriever (PURE)?

Puriever (PURE) is a cryptocurrency token linked to a project that claims to offer a decentralized healthcare platform.

Q2. Why did Coinone delist Puriever (PURE)?

Coinone delisted Puriever (PURE) because it found that the project did not have any cooperative relationships with partners promoted by multiple media, and the project’s official website provided incorrect information to investors.

Q3. What is the scandal involving former Coinone employees and Puriever (PURE) token?

Former employees of Coinone allegedly took bribes and paid coins for the Puriever (PURE) token. The Puriever project was also linked to a “Jiangnan homicide case” where the suspect allegedly invested in PURE tokens in 2022 and kidnapped and killed one of the management personnel of the Puriever project due to resentment. However, the Puriever project party denied any relationship with the victim.