<Anchor> It is a



friendly economic time. Today (17th) will be with reporter Kim Hye-min. Hello, reporter Kim? Today, we are going to talk about cryptocurrency, but'Dojicoin' is a type of coin that people have learned a lot about because of Elon Musk. By the way, Dogecoin is the image of a dog. You said there are really many cryptocurrencies named for animals like this?



<Reporter>



That's right. That's why the coin market is even saying that it has become an'animal farm'. Due to Elon Musk, the price of Dogecoin is soaring, so several coins that imitate this will be created.



Now you know a lot. Dogecoin uses the Japanese dog'Shiba Inu' as a meme. 'Doji Father','Dojimun', and'Doji Party', which have a similar name to this Doji Coin, have been issued. There are many coins for dogs such as poodle, chow chow, and husky.



In addition, cat coins such as Cat's Coin, Cat Coin, and coins from various animals such as gorillas, pigs, and goats are appearing in a row.



The prices of these coins suddenly skyrocket and then plummet for no reason. And I searched the prices of these coins for the last week, and most of them have plummeted by dozens of percent.



<Anchor>



Right. There is also a'Jindoji Coin' with the motif of Jindo Dog in Korea, and this developer was amazed.You said there was such a controversy?



<Reporter>



As you might expect, this Jindoji coin is based on the Jindo dog of Korea.



It was published on the 11th. However, at 1 am on the 13th, two days later, the developer sold 15% of the total amount of coins at once.



Because of that, the price plummeted 97%. All SNS accounts operated by Jindoji Coin are also closed, and the developers are known to have been lurking.



This situation seems to be quite a few in the virtual currency market. There is even the word'rug pool' that refers to this, which means'to pull the carpet suddenly to overturn the table'.



The extent of the damage is not yet known, but it seems that the developer intentionally sold the product at a low price and disappeared. Some have even raised the possibility of fraud.



This is an example of how dangerous it is to expect a sudden increase by investing in similar altcoins after seeing the surge in Dogecoin.



<Anchor>



Reporter Kim, so the altcoin we just talked about is commonly referred to as'jobcoin'. However, it seems that this is trading a lot in the Korean cryptocurrency market. I am really worried. When talking about cryptocurrency, I don't think I can really remove this character, but I think I need to talk about Musk. When Musk says one word, the price rises, and when he says another word, the price decreases. This phenomenon is repeating, and there are many criticisms about Musk, now.



<Reporter>



Even this morning, they suddenly announced that they would sell their bitcoins, and some time ago, they stopped buying Tesla with bitcoins.



However, the reason was that when Bitcoin was mined, electricity was consumed on a large scale, which adversely affected the environment.



However, since it has been a well-known fact that electricity is used a lot because of bitcoin, the suspicion is "Why did you make this decision suddenly or for another reason?"



The New York Times accused Musk of being "an unbelievable person," and also raised suspicions that Musk would have made a profit by selling bitcoin first before announcing the suspension of bitcoin payments.



He reported that "Tesla will announce its second quarter results in July, and at this time, we will check whether or not Bitcoin is traded."



In the meantime, Tesla's share price has fallen significantly. Individual investors in Korea also turned to net selling. Musk assets also evaporated tens of trillion won.



<Anchor>



But reporter Kim, what I'm curious about is that Musk's words can really affect the market price and cause damage to someone. So, is this punishable? Or is it not punishable?



<Reporter>



First of all, Musk recently appeared on a show and told this story. He said he had Asperger's syndrome and said, "I know that I sometimes post weird posts on social media. But I can't do that."



It is not known at this time whether such remarks were also made with a situation in mind that could lead to legal problems later on.



Recently, there is a demand that investors who have lost money should investigate Musk, but the observation that Musk will not actually be subject to investigation or punishment because there is no legal basis for punishing market disturbances like stocks in the virtual asset market. Do it.



Korea is said to be proposing a bill sooner or later in the National Assembly to punish unfair trading practices of cryptocurrency.



Briefly, the act of manipulating the market price like stocks or the act of inducing virtual currency investment by falsehood is penalized, and unregistered business activities or the use of undisclosed important information are also prohibited.



It remains to be seen how transparent and healthy this regulation will change the virtual asset market.