The South Korean National Assembly is probing into the altcoin AVAIL’s trading on Bithumb in July.
Lawmaker Min Byeong-deok will address AVAIL as the “second Burger Coin” during the Political Affairs Committee today.
The term was first used by the lawmaker to refer to the circulation issues concerning the SUI token.
The South Korean National Assembly is reportedly planning a detailed investigation into the altcoin AVAIL over price manipulation concerns. Democratic Party of Korea lawmaker Min Byeong-deok plans to call the AVAIL token the “second Burger Coin” during Thursday’s Political Affairs Committee meeting. South Korean regulators will examine AVAIL’s transactions on the Bithumb exchange in July.
Byeong-deok first used the term “Burger Coin” last year to describe the SUI coin, which faced scrutiny because the foreign-issued token was being traded domestically. Now, the term is being applied to the AVAIL token. The legislator said:
“October 17’s audit will let us address the recent controversy over AVAIL prices, as well as listing beam and manipulation suspicions on Bithumb, a platform that lists AVAIL.”
“Listing Beam” and “Burger Coin”…
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