FainEX Resumes TRISOVY Token Sales After LLC 'Three Owls' Provides Additional Collateral
FainEX cryptoplatform has resumed sales for the TRISOVY.USD.2025.01 token issuance by LLC 'Three Owls', following a temporary suspension and subsequent discussions regarding additional guarantees. On September 26, FainEX suspended the primary placement of tokens for the TRISOVY.USD.2025.01 issuance due to concerns about risks to token holders. FainEX later proposed that LLC 'Three Owls' provide additional security to mitigate these risks. However, LLC 'Three Owls' decided not to offer further guarantees and instead paid a penalty for late payment to FainEX. MYFIN obtained a letter from the company explaining its decision not to provide additional guarantees. The letter stated that guarantees and security were already provided in full at the time of submitting and preparing documents for the token issuance. FainEX, however, deemed these fears subjective and lacking objective confirmation. After a period of uncertainty, LLC 'Three Owls' provided additional collateral for the TRISOVY.USD.2025.01 issue on January 15, 2024, fulfilling its obligations to the FainEX investment platform. With this resolution, FainEX cryptoplatform announced the resumption of sales for the TRISOVY.USD.2025.01 token issuance on October 2.
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