Symbiosism Economy Foundation announcing heavy risk warning:
Symbiosism Economy Foundation(the foundation) will crack down on illegal acquisition, transfer, trading, and use of LivesToken(LVT). Please confirm the LVT source carefully before purchasing because sellers who possessed a lot of LVT but can not clarify its source will be severely punished by the foundation. Those illegal LivesOne accounts of the sellers will be permanently deleted and the purchased LVT will be froze by the foundation. Buyer’s account will be banned by the foundation either(you can appeal to unban the account if your meet certain conditions).
The foundation will severely punish:
Maliciously hacking for LVT(malicious) and Category A accounts(find details below). Such behavior will lead to permanent account deletion directly. After deletion, users will no longer able to sign in, bind mobile/email, and mine for LVT.
Malicious: Use malware and other cheating technology to hack for LivesToken(LVT) and gaining profits illegally.
Category A: If malicious accounts transferred LVT to other accounts, then the other accounts are Category A accounts. Category A accounts were involved in illegal transfer.
The foundation will ban the accounts if the following behavior were spotted:
Category B: If Category A accounts transfer LVT to other accounts, then the other accounts are Category B accounts. Category B accounts were involved in illegal transfer or transaction. After banned the account, users can no longer sign in and the assets will be froze which could not be viewed or transferred. Category B accounts can still be used to mine LVT in a legal method.
Account Appealing Method:
Malicious and Category A accounts can not appeal.
Category B accounts will be able to appeal for unban. Accounts that meet both the following requirements can be unbanned:
1.Use snapshot, photo, picture, video, chatting record, transfer record and all other eligible evidence to prove that the user is only buying or receiving LVT from Category A account without knowing that it was an illegal account.
2.Use snapshot, photo, picture, video, chatting record, transfer record and all other eligible evidence to prove that the LVT is actually purchased by the user using fiats.
Appealing period is 7 working days. After 7 working days, those Category B accounts which no one appeals for will be deleted and the illegal LVT stored in the accounts will be transferred back to the mining pool.
We will publish all the deleted and banned LivesOne account ID at the “Official Announcement” board of LivesOne’s official forum. We strongly suggest our users not to purchase LVT from illegal channels.
Symbiosism Economy Foundation
February 12th, 2018