「Milk-Drake」 IP Owner: Never Involved in Virtual Currency Business, Will Pursue Legal Responsibility for Impersonating Image Subject

BlockBeats News, October 21st, The Seventh Impression, the IP owner of the "Milk Dragon" anime, released an announcement stating that there have been incidents of individuals impersonating the "Milk Dragon" image to conduct Bitcoin issuance, false advertising, and illegal financial activities in the market, severely misleading the public and harming the brand's reputation.

The Seventh Impression emphasized that since its establishment, it has always strictly complied with national laws, regulations, and regulatory requirements, and has never engaged in or authorized any individual or entity to participate in Bitcoin issuance, sales, or related businesses. The Seventh Impression strongly opposes any form of illegal behavior related to virtual currency and bears no responsibility for acts of impersonating the company's name and the "Milk Dragon" image.

Currently, The Seventh Impression has initiated a legal review process and will take all necessary measures in accordance with the law, including reporting to public security organs, to hold relevant parties accountable. The Seventh Impression also welcomes the public to provide clues and evidence to assist in combating infringement activities.

According to GMGN market data, the market value of the BNB Chain's Meme coin Milk Dragon has dropped to $7.5 million, with a 26.2% decrease in the last hour.