【Latest Developments on Mikami Yua Token Incident】

According to multiple sources, two core members of the Chinese token team behind the Mikami Yua token ($YUA) have been arrested by local police in Japan.

Although the token is "nominally" not open to Japanese users, the lack of relevant compliance filings in Japan, along with a significant drop in value at the opening, has led to community protection actions and doubts.

It is reported that the project team had not set a hard cap for fundraising, with actual funds raised around 3 million USD, and currently, the fundraising address still holds about 1.6 million USD in SOL.

It is rumored that the Mikami team, to protect its brand reputation, proactively reported the token issuance team to relevant Japanese authorities, pointing out compliance issues with the project. The incident is still developing, and investors are advised to remain vigilant and attentive.#BTC挑战11万大关