holograph Illegal Issuance of 1 Billion Tokens Case Heard in Paris
2026-10-17 19:18:28
According to CoinMeta, and as cited by the French newspaper Le Figaro based on reports from AFP, the case of the illegal issuance of 1 billion tokens by holograph ( hlg ) in 2024 began in court on October 16 in Paris. The amount involved at that time was approximately 14 million US dollars. Among the three defendants, the main suspect is a former employee of holograph of Ukrainian origin who resides in France. He is accused of illegally issuing 1 billion hlg tokens by modifying the token creation conditions, transferring them to his personal wallet, and then moving the funds through multiple exchange accounts with accomplices. holograph and foundation lawyers stated during the trial that this incident led to the loss of customer trust in the project, which has now come to a complete halt, and preparations are underway for liquidation.
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