[Holograph's Illegal Issuance of 1 Billion Tokens Case Opens in Paris, Involving Approximately $14 Million] According to a report by Jinse Finance on October 18, citing French newspaper *Le Figaro* and AFP, the case involving the illegal issuance of 1 billion Holograph (HLG) tokens in 2024 was opened for trial in Paris on October 16. The amount involved at the time was approximately $14 million. Among the three defendants, the main suspect is a former Holograph employee of Ukrainian nationality residing in France. He is accused of illegally issuing 1 billion HLG tokens by modifying the token creation parameters, transferring them to his personal wallet, and subsequently moving the funds through multiple exchange accounts with accomplices. During the trial, the lawyer for the Holograph Foundation stated that the incident caused the project to lose customer trust, leading to a complete shutdown and preparations for liquidation.