presentation of the investment amount and the gains from loss of control in subsidiaries. In addition, the information disclosed in its Q2 and Q3/2017 financial statements were incomplete and ambiguous, which is

in its Q2 and Q3/2017 financial statements were incomplete and ambiguous, which is likely to affect the rights and interests of shareholders or the decision making on investment. For example, an

invest in some claim-to-be digital tokens which is in fact another form of Ponzi scheme. Such scheme can be detected by ambiguous business plans, products or platforms, as well as the lack of trustworthy

become WEH shareholders, and the existing WEH shareholders would become NUSA shareholders.  After considering the clarifications submitted by NUSA, the SEC identified ambiguity in various reasonings. For

, and subsequent amendments on 26 and 27 August 2025, the SEC has determined that there is still ambiguity and a lack of essential information, particularly concerning the data and rationale CIG used to