{"id":4028,"date":"2025-10-05T11:01:39","date_gmt":"2025-10-05T03:01:39","guid":{"rendered":"https:\/\/theexchain.com\/legal-analysis-web3-studios-face-multiple-criminal-risks-for-providing-fake-liquidity-services\/"},"modified":"2025-10-05T11:01:39","modified_gmt":"2025-10-05T03:01:39","slug":"%eb%b2%95%eb%a5%a0-%eb%b6%84%ec%84%9d-%ec%9b%b93-%ec%8a%a4%ed%8a%9c%eb%94%94%ec%98%a4%eb%8a%94-%ea%b0%80%ec%a7%9c-%ec%9c%a0%eb%8f%99%ec%84%b1-%ec%84%9c%eb%b9%84%ec%8a%a4-%ec%a0%9c%ea%b3%b5%ec%9c%bc","status":"publish","type":"post","link":"https:\/\/theexchain.com\/ko\/%eb%b2%95%eb%a5%a0-%eb%b6%84%ec%84%9d-%ec%9b%b93-%ec%8a%a4%ed%8a%9c%eb%94%94%ec%98%a4%eb%8a%94-%ea%b0%80%ec%a7%9c-%ec%9c%a0%eb%8f%99%ec%84%b1-%ec%84%9c%eb%b9%84%ec%8a%a4-%ec%a0%9c%ea%b3%b5%ec%9c%bc\/","title":{"rendered":"\ubc95\ub960 \ubd84\uc11d: \uac00\uc9dc \uc720\ub3d9\uc131 \uc11c\ube44\uc2a4 \uc81c\uacf5\uc73c\ub85c \uc5ec\ub7ec \ud615\uc0ac\uc801 \uc704\ud5d8\uc5d0 \uc9c1\uba74\ud55c Web3 Studios"},"content":{"rendered":"<p>\ubc95\ub960 \uc804\ubb38\uac00 \uc0e4\uc624 \uc2dc\uc6e8\uc774\uac00 \ubcf4\uc0c1\uc744 \ub300\uac00\ub85c \uac00\uc0c1\ud654\ud3d0 \ud504\ub85c\uc81d\ud2b8\uc5d0 \uc778\uc704\uc801\uc778 \uc720\ub3d9\uc131\uc744 \uacf5\uae09\ud558\uae30 \uc704\ud574 \uc5ec\ub7ec \uacc4\uc815\uc744 \uc0ac\uc6a9\ud558\ub294 \uc6f93.0 \uc2a4\ud29c\ub514\uc624\uac00 \uc9c1\uba74\ud55c \uc911\ub300\ud55c \ubc95\uc801 \uc704\ud5d8\uc744 \uc0b4\ud3b4\ubd05\ub2c8\ub2e4. 2017\ub144 '94 \ubc1c\ud45c'\uc640 2021\ub144 '924 \ud1b5\uc9c0'\ub97c \ud3ec\ud568\ud55c \uc911\uad6d\uc758 \uaddc\uc81c \uc815\ucc45\uc740 \uac00\uc0c1\ud654\ud3d0\uacf5\uac1c(ICO)\ub97c \uba85\uc2dc\uc801\uc73c\ub85c \uae08\uc9c0\ud558\uace0 \uac00\uc0c1\ud654\ud3d0 \uac70\ub798\ub97c \ubd88\ubc95 \uae08\uc735 \ud65c\ub3d9\uc73c\ub85c \ubd84\ub958\ud588\uc2b5\ub2c8\ub2e4. \uc774\ub7ec\ud55c \uaddc\uc81c\uc5d0\ub3c4 \ubd88\uad6c\ud558\uace0 \uc218\ub9ce\uc740 \uc6f93.0 \uc2a4\ud29c\ub514\uc624\uac00 \uc774 \ubd84\uc57c\uc5d0\uc11c \uacc4\uc18d \uc6b4\uc601\ub418\uace0 \uc788\uc73c\uba70, \uc7a0\uc7ac\uc801 \uc704\ubc18\uc5d0 \ub300\ud55c \ubc95\ub960 \uc0c1\ub2f4\uc774 \ube48\ubc88\ud558\uac8c \uc81c\uae30\ub418\uace0 \uc788\uc2b5\ub2c8\ub2e4. \uc77c\ubc18\uc801\uc778 \uc6b4\uc601 \ubaa8\ub378\uc5d0\ub294 \ubc08 \ucf54\uc778 \ud504\ub85c\uc81d\ud2b8\uac00 \uc870\uc9c1\uc801\uc778 \uc804\ub7b5\uc744 \uc0ac\uc6a9\ud558\uc5ec \ud5c8\uc704 \uc2dc\uc7a5 \ubaa8\uc2b5\uc744 \uc5f0\ucd9c\ud558\ub294 \uac83\uc774 \ud3ec\ud568\ub429\ub2c8\ub2e4. \uc77c\ubc18\uc801\uc778 \ud504\ub85c\uc138\uc2a4\uc5d0\ub294 Four.meme \ubc0f Pump.fun\uacfc \uac19\uc740 \ud50c\ub7ab\ud3fc\uc744 \ud1b5\ud55c \ud1a0\ud070 \uc0dd\uc131 \ubc0f \ud328\ud0a4\uc9d5, \uc778\uc704\uc801\uc778 \uc720\ub3d9\uc131 \ubc0f \uac70\ub798\ub7c9 \uc0dd\uc131, \ud22c\uc790\uc790\ub4e4\uc758 FOMO(Fear Of Missing Out)\ub97c \uc720\ubc1c\ud558\uae30 \uc704\ud55c \uc2dc\uc7a5 \uc870\uc791, \ud504\ub85c\uc81d\ud2b8 \uc124\ub9bd\uc790\uc5d0 \uc758\ud55c \ucd5c\uc885 \uccad\uc0b0 \ub4f1\uc774 \ud3ec\ud568\ub429\ub2c8\ub2e4. \uc6f93.0 \uc2a4\ud29c\ub514\uc624\ub294 \uc774 \uacfc\uc815\uc5d0\uc11c \uc911\uc694\ud55c \uc870\ub825\uc790 \uc5ed\ud560\uc744 \ud569\ub2c8\ub2e4. \ud504\ub9ac\uc138\uc77c \ub2e8\uacc4\uc5d0\uc11c \uc2a4\ud29c\ub514\uc624\ub294 \uad6c\ub9e4\ud55c \uacc4\uc815\uc744 \ud65c\uc6a9\ud558\uc5ec \uc778\uc704\uc801\uc778 \uc218\uc694\ub97c \ucc3d\ucd9c\ud569\ub2c8\ub2e4. \ud0c8\uc911\uc559\ud654 \uac70\ub798\uc18c(DEX)\uc5d0\uc11c \uc720\ub3d9\uc131 \ud480 \uad6c\ucd95\uc744 \uc704\ud55c \uae30\uc220 \uc9c0\uc6d0\uc744 \uc81c\uacf5\ud558\uba70, '\uc7a0\uae08 \ud480 \ub3c4\uad6c' \ub610\ub294 'LP \ud30c\uad34' \uba54\ucee4\ub2c8\uc998\uc744 \uc0ac\uc6a9\ud558\uc5ec \ud5c8\uc704 \ubcf4\uc548\uc744 \uc0dd\uc131\ud569\ub2c8\ub2e4. \ub610\ud55c \uc2a4\ud29c\ub514\uc624\ub294 \uc6cc\uc2dc \ud2b8\ub808\uc774\ub529\uacfc \uc784\uc2dc \uac00\uaca9 \uc9c0\uc6d0\uc744 \uc704\ud55c \uc790\ub3d9\ud654\ub41c \uc2a4\ud06c\ub9bd\ud2b8\ub97c \ubc30\ud3ec\ud558\uace0 \uc18c\uc15c \ubbf8\ub514\uc5b4 \ud50c\ub7ab\ud3fc\uc5d0\uc11c \ud64d\ubcf4 \ud65c\ub3d9\uc744 \uc870\uc815\ud569\ub2c8\ub2e4. \ubc95\ub960 \ubd84\uc11d\uc744 \ud1b5\ud574 \uc2a4\ud29c\ub514\uc624 \uc6b4\uc601\uc790\uc640 \uc9c1\uc6d0\uc758 \uc5ec\ub7ec \ubc94\uc8c4 \uc704\ud5d8\uc744 \ud30c\uc545\ud569\ub2c8\ub2e4: - \uc2a4\ud29c\ub514\uc624\uac00 \uac00\uc9dc \uc720\ub3d9\uc131 \uc7a0\uae08\uc774\ub098 \uc9c4\uc9dc \ud22c\uc790\uc790\ub97c \uc720\uc778\ud558\uae30 \uc704\ud55c \uc778\uc704\uc801\uc778 \uac70\ub798 \ud65c\ub3d9 \ub4f1 \uae30\ub9cc\uc801\uc778 \uad00\ud589\uc73c\ub85c \ud504\ub85c\uc81d\ud2b8\ub97c \uace0\uc758\ub85c \uc9c0\uc6d0\ud558\ub294 \uacbd\uc6b0 \uc0ac\uae30 \ud610\uc758\uac00 \uc801\uc6a9\ub420 \uc218 \uc788\uc2b5\ub2c8\ub2e4. - \uc2a4\ud29c\ub514\uc624\uac00 \uaddc\uc81c \ub2f9\uad6d\uc758 \uc2b9\uc778 \uc5c6\uc774 \ud1a0\ud070 \ud310\ub9e4\ub97c \ud1b5\ud574 \ud504\ub85c\uc81d\ud2b8\uc758 \ub300\uc911 \ud22c\uc790 \uc720\uce58\ub97c \ub3d5\ub294 \uacbd\uc6b0 \ubd88\ubc95 \uc790\uae08 \ubaa8\uae08 \uc704\ud5d8\uc774 \ubc1c\uc0dd\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4. - \ubd88\ubc95 \uc0ac\uc5c5 \uc6b4\uc601 \ud610\uc758\ub294 \uc2dc\uc7a5 \uc870\uc131 \ubc0f \uac70\ub798 \uc870\uc791 \uc11c\ube44\uc2a4\ub97c \ud3ec\ud568\ud55c \ubb34\ud5c8\uac00 \uae08\uc735 \ud65c\ub3d9\uc5d0 \ucc38\uc5ec\ud560 \ub54c \ubc1c\uc0dd\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4. - \uc2a4\ud29c\ub514\uc624\uac00 \ubd88\ubc95 \uc6b4\uc601\uc5d0 \uc0ac\uc6a9\ub418\ub294 \uacc4\uc815\uc774\ub098 \uae30\uc220 \uc778\ud130\ud398\uc774\uc2a4\ub97c \uc81c\uacf5\ud560 \uacbd\uc6b0 \uc815\ubcf4 \ub124\ud2b8\uc6cc\ud06c \ubc94\uc8c4 \ud65c\ub3d9 \ubc29\uc870 \ud610\uc758\uac00 \uc801\uc6a9\ub420 \uc218 \uc788\uc2b5\ub2c8\ub2e4. - \uc2a4\ud29c\ub514\uc624\uac00 \ud1a0\ud070\uc744 \ubc95\uc815 \ud654\ud3d0\ub85c \uc804\ud658\ud558\uac70\ub098 \ubd88\ubc95 \uc218\uc775\uae08\uacfc \uad00\ub828\ub41c \uad6d\uacbd\uc744 \ub118\ub294 \uc790\uae08 \uc774\uccb4\ub97c \ub3d5\ub294 \uacbd\uc6b0 \uc790\uae08 \uc138\ud0c1 \uc704\ud5d8\uc774 \uc874\uc7ac\ud569\ub2c8\ub2e4. \ud2b9\ud788, \uc2a4\ud29c\ub514\uc624 \uc18c\uc720\uc790\ub294 \uc8fc\ucd5c\uc790\ub85c\uc11c 1\ucc28\uc801\uc778 \ucc45\uc784\uc744 \uc9c0\uba70, \uae30\ub9cc\uc801\uc778 \uad00\ud589\uc5d0 \ub300\ud55c \uc9c0\uc2dd\uc744 \uac00\uc9c0\uace0 \uc6b4\uc601\uc744 \uc2e4\ud589\ud558\ub294 \uc9c1\uc6d0\uc740 \uacf5\ubc94\uc73c\ub85c \uac04\uc8fc\ub420 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \uc554\ud638\ud654\ud3d0 \uc6b4\uc601\uc5d0 \ub300\ud55c \uaddc\uc81c \ub2f9\uad6d\uc758 \uc774\ud574\uac00 \uae4a\uc5b4\uc9c0\uace0 \ube14\ub85d\uccb4\uc778 \ubd84\uc11d\uc774 \ubc1c\uc804\ud568\uc5d0 \ub530\ub77c \uc774\ub7ec\ud55c \ud65c\ub3d9\uc5d0 \ub300\ud55c \ubc95\uc801 \uc9d1\ud589\uc774 \uac15\ud654\ub418\uc5b4 \uc774\ub7ec\ud55c \uadf8\ub808\uc774 \ub9c8\ucf13 \uc11c\ube44\uc2a4\uc758 \uc6b4\uc601 \uacf5\uac04\uc774 \uc810\ucc28 \uc881\uc544\uc9c8 \uac83\uc73c\ub85c \uc608\uc0c1\ub429\ub2c8\ub2e4.<\/p>","protected":false},"excerpt":{"rendered":"<p>Legal expert Shao Shiwei examines the significant legal risks facing Web3 studios that utilize multiple accounts to create artificial liquidity for cryptocurrency projects in exchange for compensation. Chinese regulatory policies, including the 2017 &#8220;94 Announcement&#8221; and 2021 &#8220;924 Notice,&#8221; have explicitly prohibited Initial Coin Offerings (ICOs) and classified virtual currency transactions as illegal financial activities. [&hellip;]<\/p>","protected":false},"author":1,"featured_media":4027,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[35],"tags":[],"class_list":["post-4028","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-insight"],"_links":{"self":[{"href":"https:\/\/theexchain.com\/ko\/wp-json\/wp\/v2\/posts\/4028","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/theexchain.com\/ko\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theexchain.com\/ko\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theexchain.com\/ko\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theexchain.com\/ko\/wp-json\/wp\/v2\/comments?post=4028"}],"version-history":[{"count":0,"href":"https:\/\/theexchain.com\/ko\/wp-json\/wp\/v2\/posts\/4028\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theexchain.com\/ko\/wp-json\/wp\/v2\/media\/4027"}],"wp:attachment":[{"href":"https:\/\/theexchain.com\/ko\/wp-json\/wp\/v2\/media?parent=4028"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theexchain.com\/ko\/wp-json\/wp\/v2\/categories?post=4028"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theexchain.com\/ko\/wp-json\/wp\/v2\/tags?post=4028"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}