According to France's *Le Figaro*, citing AFP, the trial for the unauthorized minting of 1 billion Holograph (HLG) tokens in 2024 began on October 16 in Paris. The case involves an estimated $14 million at the time. Among the three defendants, the main suspect is a former Holograph employee of Ukrainian nationality residing in France. He is accused of illegally minting 1 billion HLG tokens by modifying token creation conditions, transferring them to his personal wallet, and then working with accomplices to move the funds through multiple exchange accounts. During the trial, Holograph Foundation's lawyer stated that the incident caused the project to lose customer trust, leading to a complete shutdown and preparations for liquidation. https://www.(wublock123.com)/news/holograph-1b-token-unauthorized-minting-paris-trial-14m-70254