Steaker Faces Legal Action Over Alleged Illegal Fundraising

According to PANews, digital asset management platform Steaker is facing legal action following allegations of illegal fundraising activities amounting to approximately 1.48 billion New Taiwan dollars over three years. The Taipei District Prosecutors Office has indicted Steaker and its founder, Huang Weixuan, along with three others. Steaker has issued a statement denying any illegal conduct and expressing disappointment over the prosecution's decision. The company clarified that virtual assets are not legal tender and that it merely provides virtual asset allocation services without accepting legal currency or offering exchange services. The statement aimed to provide a comprehensive explanation of the situation.