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Russian tax service seeks bankruptcy of plant planning to issue crypto-currency

14:59 27/12/2017

MOSCOW, December 27 (RAPSI) – The Federal Tax Service has filed a bankruptcy claim against the Cherepovets Tube Rolling Plant planning to use digital currency for investment purposes, with the Vologda Region Commercial Court.

The hearing date has not been scheduled yet.

Earlier, the plant reported attracting investments in the amount of $3.2 million by issuance and sale of tokens called ZavodCoin (ZVD) through ICO (Initial Сoin Оffering). The opening price of 1 token will amount to $1, according to the statement.

The Cherepovets Tube Rolling Plant founded in 2009 specializes in manufacturing and selling pipes on the Russian and foreign markets.

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Russian tax service seeks bankruptcy of plant planning to issue crypto-currency

14:59 27/12/2017 The Federal Tax Service has filed a bankruptcy claim against the Cherepovets Tube Rolling Plant planning to use digital currency for investment purposes, with the Vologda Region Commercial Court.
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