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Securities Commission Malaysia Media Statement On LAVIDACOIN

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The Securities Commission Malaysia (SC) has received queries on the issuance of a whitepaper  for  the  offering  of  LAVIDACOIN  to  members  of  the  public.  The whitepaper claims that LAVIDACOIN is offered as a private funding initiative to raise development capital / funds for three projects. The paper also claims that it is only through crowdfunding that such a diverse range of projects can meet the development funding needs.

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