Dear investors and customers,
Based on the judgment that B&S Holdings (formerly known as Aventus), one of the consignment operators, has fraudulently provided management reports containing false information, thereby deceiving the company and our users, we have decided to take immediate legal action followed by steps from yesterday. As an additional measure to protect our users, we filed a criminal complaint against B&S Holdings today and are planning to file civil action as well.
Currently, the company is discussing with B&S Holdings over the issue, and as we have stressed already, we will inform you of the process transparently.
Once again, we apologize for causing concerns and inconveniences to our investors and customers. We will continue to work on the issue in a faithful manner, as the company’s top priority is to protect our users.
We will update you of our progress if there are further developments.