Burger

Coin

<ul class="wp-block-list news-points"> 
 <li>The South Korean National Assembly is probing into the altcoin AVAIL’s trading on Bithumb in July.</li> 
 <li>Lawmaker Min Byeong-deok will address AVAIL as the “second Burger Coin” during the Political Affairs Committee today.</li> 
 <li>The term was first used by the lawmaker to refer to the circulation issues concerning the SUI token.</li> 
</ul> 
The South Korean National Assembly is reportedly planning a <a href="https://www.hankyung.com/article/202410167248g" target="_blank" rel="nofollow">detailed investigation</a> into the altcoin AVAIL over price manipulation concerns. Democratic Party of Korea lawmaker Min Byeong-deok plans to call the AVAIL token the “<a href="https://x.com/CoinnessGL/status/1846370974993994121#:~:text=%22Burger%20coin%22%20is%20a%20term%20for%20foreign%20cryptocurrencies%20listed%20on%20Korean%20exchanges." target="_blank" rel="nofollow">second Burger Coin</a>” 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: 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 “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.” 
</blockquote> 
<h2 class="wp-block-heading" id="h-listing-beam-and-burger-coin">“Listing Beam” and “Burger Coin”…</h2>
The post <a href="https://coinedition.com/south-korea-to-investigate-avail-altcoin-over-price-manipulation-concerns/">South Korea to Investigate AVAIL Altcoin Over Price Manipulation Concerns</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

South Korea to Investigate AVAIL Altcoin Over Price Manipulation Concerns

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