Currently, the ICO project at a cryptocurrency exchange in Malaysia (the project) which uses falsely CMD Laboratory Inc. and its subsidiaries as related parties seems to be proposed. However, CMD Laboratory Inc. and its subsidiaries do not get involved in the project at all. The project is completely unfounded and the possibility of fraud is probably suspected. Our company would like to draw your attention to this suspicious matter.

Furthermore, we have been confirming the facts concerning the project, identifying the information sender, etc. and also preparing for taking legal measures as necessary.

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