Nilam Resources 的拉高拋售計畫演變為可疑的證券發行

在宣布打算收購 24,800 枚比特幣後，細價股 Nilam Resources 經歷了飛速上漲，隨後急劇崩盤，當時該公司被貼上了「拉高拋售」計劃的標籤。儘管進行了品牌重塑、發起私人代幣銷售，並清除了其網站上以前的身份，但 Nilam Resources 的行為還是引發了對未註冊證券產品和潛在監管審查的擔憂。

Nilam Resources' Pump-and-Dump Scheme Metamorphoses into Unregistered Security Offering

Nilam Resources 的拉高拋售計劃轉變為未註冊的證券發行

A penny stock company that once soared in value after announcing its intention to acquire a massive stash of bitcoins has undergone a drastic transformation, rebranding and launching a private token sale while erasing its past. However, experts warn that this latest move may not be enough to escape regulatory scrutiny.

一家在宣布打算收購大量比特幣後一度股價飆升的細價股票公司經歷了巨大的轉型，重塑品牌並推出私人代幣銷售，同時抹去了其過去。然而，專家警告稱，這項最新舉措可能不足以逃脫監管審查。

The Initial Surge and Subsequent Collapse

最初的飆升和隨後的崩潰

Nilam Resources burst onto the scene in early April with a letter of intent revealing its plans to "acquire" a whopping 24,800 bitcoins. This bold announcement sent the company's stock price skyrocketing, propelling its market capitalization close to half a billion dollars.

Nilam Resources 在 4 月初突然出現，意向書透露其計劃「收購」多達 24,800 個比特幣。這一大膽的公告使該公司的股價飆升，使其市值接近 5 億美元。

However, the euphoria proved short-lived. Shortly after the news broke, Nilam's former CEO and president, who also served as an SEC compliance consultant, labeled the company a "classic pump and dump," precipitating a dramatic collapse in share value.

然而，這種欣喜被證明是短暫的。消息傳出後不久，Nilam 的前首席執行官兼總裁（同時擔任 SEC 合規顧問）將該公司稱為“經典的拉高拋售”，導致股價急劇下跌。

Rebranding and Token Sale

品牌重塑和代幣銷售

Undeterred by the allegations, Nilam Resources has sought to reinvent itself under the moniker Mindwave DAO. The company has launched a private token sale, deleting all traces of its previous website and adopting a new domain name that incorporates the term "decentralized autonomous organization" (DAO).

Nilam Resources 並沒有被這些指控嚇倒，而是尋求以 Mindwave DAO 的名義重塑自己。該公司啟動了私人代幣銷售，刪除了先前網站的所有痕跡，並採用了包含「去中心化自治組織」（DAO）一詞的新網域。

Unregistered Security Concerns

未註冊的安全問題

Despite these cosmetic changes, experts are skeptical about Nilam's ability to evade regulatory action. The company's new website makes no mention of the DAO concept elsewhere and explicitly encourages users to "invest." It also outlines various strategies for utilizing investor funds, such as covered calls, negative gamma, and volatility trading.

儘管有這些表面上的變化，專家們仍對 Nilam 逃避監管行動的能力表示懷疑。該公司的新網站在其他地方沒有提及 DAO 概念，並明確鼓勵用戶「投資」。它還概述了利用投資者資金的各種策略，例如備兌看漲期權、負伽瑪和波動性交易。

Legal experts familiar with the offering have raised concerns that the token, roadmap, and description of the revamped company bear the hallmarks of an unregistered security. They cite the promise of dividends for investors and assurances of future profits.

熟悉此次發行的法律專家擔心，重組後的公司的代幣、路線圖和描述帶有未註冊證券的特徵。他們引用了對投資者的股息承諾和對未來利潤的保證。

"Every line I see is more implicating," remarked one lawyer. "I don't even understand how they did this. This is obviously illegal."

「我看到的每一行都更有意義，」一位律師說。 “我什至不明白他們是怎麼做到的。這顯然是非法的。”

Regulatory Scrutiny Ahead

未來的監管審查

Neither Nilam Resources nor OTC Markets, the trading platform where the company's stock is still available, have responded to requests for comment. However, Protos has learned that regulatory authorities are likely to investigate the matter.

Nilam Resources 和 OTC Markets（該公司股票仍在交易的交易平台）均未回應置評請求。不過，Protos 獲悉監管部門可能會對此事進行調查。

"Unfortunately, this probably won't be enough to stave off actions from regulators or law enforcement," an industry insider warned.

「不幸的是，這可能不足以阻止監管機構或執法部門採取行動，」一位業內人士警告。

The latest chapter in the Nilam Resources saga underscores the risks associated with investing in penny stocks and the challenges faced by regulators in policing the rapidly evolving cryptocurrency landscape.

Nilam Resources 傳奇的最新章節強調了投資細價股的相關風險，以及監管機構在監管快速發展的加密貨幣格局時面臨的挑戰。