The Korean regulatory agency will investigate Sui to determine whether it is a scam

ChainCatcher news, according to Coingraph, the head of the Financial Supervisory Service of South Korea recently stated that an investigation will be conducted on Sui to determine whether it is a scam. The regulatory agency stated: "The price of the SUI token has plummeted sharply, mainly because they inflated the circulation, but they did not address this issue. Since its listing, the token price has dropped by more than 67%. The issuer Sui Foundation has gained personal benefits by depositing frozen funds and then selling them to increase circulation."