Asian casino investment firm Landing International Development said it had no agreement with third-party companies regarding the issuance of cryptocurrency or digital tokens.
Landing International said in a filing on Thursday that it had "no business relationship" with a company called HK Shenhua World Blockchain Technology Development Limited.
The Hong Kong-listed company said it recently learned that Hong Kong Shenhua was "unknown to the group and uploaded and included on its website without the group's consent and approval." It also included certain photos and documents of the group, as well as several false claims and references about the group, known as business support related to cryptocurrency or digital token issues
Landing International operates Jeju Shinhwa World Real Estate with a foreigner-only casino located in Jeju Island, Korea.
Landing International signed two separate memorandums of understanding with Hong Kong Shenhua to allow the parties to "initiate negotiations for certain possible cooperation on property development," it said in a filing on Thursday.
"However, no binding agreement or agreement has been reached with [Hong Kong Shenhua] or its affiliates," it said
"The board has taken these unauthorized acts seriously and will not allow them to be cleared without being cleared," the Hong Kong-listed company said.
Landing International is also not a consultant or business partner at HK Sunhwa and said it has "no involvement or interest of any kind" in any of HK Sunhwa's business and issues, including its cryptocurrency-issuing business and platform.
"This group does not recognize, accept or approve any cryptocurrency or digital tokens to be issued or issued by the [HK Sunhwa] group (including Xinhua Coin/Token)," it added
Landing International noted that it has no share, investment or other contractual relationship with HK Shenhua Group and has not approved or agreed to use the company's name or trademark.
BY: 릴게임