⚖FSA, virtual currency 3 vendors are administratively disposed
The Financial Services Agency issued business suspension order and business improvement order to three virtual virtual currency exchange companies including FSHO. Because of a sloppy management system continued, it became a simultaneous disposition following March.
According to the FSA ‘s announcement on Friday, FSHO has not fulfilled the business improvement order received in March and was ordered to stop all business related to the virtual currency exchange business until June 7. A task improvement order was issued regarding the establishment of a system risk management structure and others. The eternal link was ordered to halt work and upgrade work until June 5, because the proper management of the business was not carried out, such as allocating the money the representative director took from the user to pay expenses. LastRoots also received business improvement order.
– Bloomberg
https://www.bloomberg.co.jp/news/articles/2018-04-06/P6QZN06KLVR401
Regarding administrative punishment for FSHO Corporation
https://www.fsa.go.jp/news/30/virtual_currency/20180406-1.html
Regarding administrative penalties for Eternal Link Inc.
https://www.fsa.go.jp/news/30/virtual_currency/20180406-2.html
Regarding administrative punishment for LastRoots Co., Ltd.
https://www.fsa.go.jp/news/30/virtual_currency/20180406-3.html