Ken Yang, the Founder of Punk.Network, issued a statement on October 2, 2021:
1, Punk.Network only provides blockchain technologies and services and conducts related businesses in countries where cryptocurrency operations are expressly prohibited or restricted. (including, but not limited to the United States of America, Algeria, Bolivia, the People’s Republic of China (Chinese mainland, Hong Kong, Taiwan and Macau) and (the Republic of Viet Nam).
2, In order to make the project possible for the long term, Punk.Network will continue to cooperate with national or regional regulatory policies has disbanded the former Chinese staff(including mainland and Hong Kong, Macao and Taiwan), the team will be composed of non-United States of America, China, Algeria, Bolivian members, Punk’s specific members (CEO, COO, CMO, CSO, CFO, etc.) will be voted by the Foundation of Punk.Network and published later.
3, The Founder of Punk.Network Ken Yang stepped down as CEO, remains the founder of Punk.Network and has long been responsible for the development of Punk.Network and ensure that the project ecosystem continues to develop.
October 2nd, 2021
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