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South Korean lawmakers plan to criticize AVAIL tokens as "second hamburger coin" in parliamentary audit

On October 16, it was reported that South Korean lawmaker Min Byung-deok plans to criticize AVAIL tokens in an upcoming parliamentary audit, calling it the "second hamburger coin". "Hamburger coins" refer to foreign cryptocurrencies listed on South Korean exchanges, which often have regulatory loopholes and investor protection issues. MP Min Byung-deok has asked financial regulators to provide data on suspicious trading of AVAIL tokens on cryptocurrency exchange Bithumb. He is investigating the token's post-listing surge, potential price manipulation, and the effectiveness of the exchange's customer protection measures.