Korean Shipwreck ICO Under Investigation for Feasible Hokey-Pokey, CEO Given Tra

[Goodcat49]

Shinil Group, a South Korean treasure-hunting company, recently made global headlines when they proclaimed an Initial Coin Offering (ICO) after discovering a sunken Russian battleship possessing large volumes of gold worth US$130 billion.

On July 16, company team members shared a video on YouTube indicating how they managed to discover the wreckage of the Dmitri Donskoi, a Russian cruiser submerged in 1905 after viewing combat of the Russo-Japanese War. This wreckage of gold was found near the island of Ulleungdo.

Gold Back to its Routes
The scuttled ship is said to be carrying 5,500 boxes of raw gold bars and 200 tons of gold coins worth US$130 billion.

Initially, the company revealed that 1/2 of assumed gold will be sent back of Russia while 10 percent will be channeled to facilitate tourism on Ulleungdo.

However, Shinil Group revealed that they will use the treasure to enable an ICO launch. The ICO for 'Shinil Gold Coin' was planned to begin on July 30th and the real token was ready to be officially listed on various exchanges in the month of August or September.

Speculation now abounds that the whole event might be a sophisticated scam.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/korean-shipwreck-ico-under-investigation-for-feasible-hokey-pokey-ceo-given-travel-ban/