IQFI / XRPS Investor Advisory

[ Summary ] The "staking with up to 22% annual yields" offering that Mr. Younghoon Kim is currently promoting may run directly afoul of South Korea's Act on the Regulation of Conducting Fund-Raising Business without Permission and the Virtual Asset User Protection Act. Korean courts have consistently treated crypto staking as a financial-investment activity structurally equivalent to unauthorized fund-raising, and have imposed serious criminal penalties accordingly.   For context: I'm "calvin" on Discord. I hold 50% of the issued shares of Neurostory Co., Ltd. — the Korean entity that runs the LAMB276 project — and over the past two years I personally funded Mr. Younghoon Kim's living expenses, all outsourcing costs, and the entire operating budget that made the token sale possible.   Mr. Younghoon Kim and I were unable to reach agreement on salary settlement and on how revenue from his SNS activity (which was originally agreed to flow back to ...