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BlockBeats News: On December 2nd, Ryan Kim, a partner at Hashed, a cryptocurrency investment firm, posted on social media that in 2014, Ripple Labs sold XRP through the "Ripple Market Korea" project in Korea as a Ponzi scheme, attracting a large number of Korean investors to participate. These early investors may have obtained considerable returns. South Korea has a real XRP community, which is why South Koreans buy XRP in large quantities. According to South Korean media reports in November 2014, the platform operator Ripple Market Korea completed its first round of sales within 2 hours of its opening day. The platform issues its own token RMK and promises to refund transaction fees to users based on their holdings. At that time, the platform promoted its advantages such as XRP's ability to exchange with legal currencies of various countries, obtaining investment from Google Ventures, and complying with US regulations. It is worth noting that the platform has also warned investors to guard against multi-level pyramid schemes that sell XRP at 10-20 times the market price.