Is RYO Coin registered with the US SEC?
SEC EDGAR company search returns no filings for Zenza Capital, RYO Coin, or RYO Digital as of documented searches. Verify at sec.gov/edgar/searchedgar/companysearch.
FAQ
Perguntas comuns de busca
Resposta primeiro. Verifique cada afirmação nas fontes.
What is a 転換社債 (convertible bond)? How does it differ from a token presale?
A 転換社債 is a Japanese-law debt instrument that converts into equity or tokens at a future date. It is a registered security requiring disclosure under Japanese 金商法 (Financial Instruments and Exchange Act). A token presale like RYO-CHAN sold SOL for a promise of future tokens with no registered instrument or conversion terms. The difference: a bond has a legal issuer, a fixed maturity, and regulatory obligations. A presale has none of these.
Does RYO Coin trade on major exchanges?
RYO Coin trades on smaller exchanges including XT, LBank, and MEXC. It does not appear on major regulated exchanges such as Coinbase, Binance (global or JP), Kraken, or any Japan FSA-registered exchange including COINHUB.
What exchanges list RYO Coin?
Documented listings include XT.com, LBank, and MEXC. Exchange listings change over time. Verify current trading pairs on CoinGecko or CoinMarketCap. RYO is not listed on any Japan FSA-registered crypto exchange.
Can I buy RYO Coin on COINHUB?
RYO Coin is not listed on COINHUB. COINHUB is a Japan FSA-licensed exchange, but its listed trading pairs do not include RYO Coin. Marketing that associates COINHUB with RYO does not mean the token trades on that exchange.
What is the difference between presale and bond?
A convertible bond (転換社債) is a legally registered debt instrument with a fixed maturity date, conversion terms, and issuer obligations under Japanese law. A token presale like RYO-CHAN accepts cryptocurrency (SOL) in exchange for a promise of future tokens. The presale has no registered instrument, no maturity date, no conversion terms, and no legal issuer obligation. The bond has a ceiling on what percentage of the amount converts. The presale has no such limit.
Is RYO-CHAN the same as RYO Coin?
No. RYO Coin (also called RYO Digital) is an exchange-traded token listed on XT, LBank, and MEXC. RYO-CHAN is a separate Solana token that was sold in a presale at ryochan.com. The RYO-CHAN presale wallet collected SOL from participants, but as of the latest investigation, no SPL token was ever minted and the contract address remains listed as TBD. The two are distinct products sold under a similar name, which itself creates confusion.
Who runs COINHUB?
COINHUB株式会社 (corporate number 2010601046190) lists 植原洋 (Uehara Hiroshi) as representative director and 山賀奈緒美 (Naomi Yamaga) as co-representative. It is a Japan FSA-licensed crypto exchange registered at 東日本橋EXビル1F, an address shared with One World Holdings (representative 植原治, different kanji). RYO Coin is not listed on COINHUB.
What is One World Holdings?
One World Holdings (法人番号 6010401158769) is a PR/media company that shares the same Tokyo address as COINHUB (東日本橋EXビル1F). Its PR Times profile lists 植原治 (Osamu Uehara) as representative, using different first-name kanji from COINHUB's 植原洋 (Hiroshi Uehara). Whether these are the same person or two individuals is not confirmed without a certified registry extract.
Can I get my money back from RYO-CHAN?
As of the latest research, the RYO-CHAN presale collected SOL at Squads multisig wallet 5WzmuNt4iYqviMX7C8SvtVYxohhRaee7LTw8N9TFEe9j. Blockchain analysis shows SOL outflows to private wallets. No token was ever minted. Recovery options depend on jurisdiction: affected individuals have reported to the SESC in Japan, SEC in the US, and Singapore Police. Consult a lawyer licensed in your jurisdiction. There is no known refund mechanism offered by the issuer.
Is there a class action lawsuit?
A class action (集団訴訟) related to Club Sparkle has been documented on Japanese consumer site tsukahikaku.com, referencing approximately 4 million yen in claims against Club Sparkle, originating around 2020. No court docket number or named plaintiffs are available in open records. Separately, victim coordination discussions for RYO bondholders have been observed in Japanese online communities. No active class action for RYO Coin or RYO-CHAN holders has been identified in US or Japanese court records.
What regulators have been notified about RYO / RYO-CHAN?
Submissions have been made to: (1) SESC (Japan 証券取引等監視委員会) via their information provision window at fsa.go.jp/sesc/watch, submitted June 2026 with evidence of unregistered securities offering and fraudulent solicitation. (2) SEC (US Securities and Exchange Commission) via their TCR system, with multiple supplements filed through June 2026 covering the presale, COINHUB ATM claims, and false representations. (3) Singapore Police with a full evidence package built and pending submission. Each submission includes on-chain evidence, corporate registry extracts, and archived marketing materials.
How do I report a crypto scam in Japan?
Japan offers several channels: (1) SESC (証券取引等監視委員会) information provision window at fsa.go.jp/sesc/watch , accepts anonymous submissions via Microsoft Forms. (2) FSA (金融庁) for crypto exchange registration complaints. (3) Consumer Affairs Agency (消費者庁) for misleading advertising under 景品表示法. (4) Local police (警察署) for criminal fraud complaints under Penal Code Article 246. (5) Japan Virtual Currency Exchange Association (JVCEA) for exchange-related issues. For cross-border cases involving Singapore entities, also contact Singapore Police.
What is the WKO connection?
WKO (World Karate Organization, 新極真会) named RYO/Zenza as a main sponsor for the 2024 56th All Japan Open. RYO Coin marketing materials display the WKO logo alongside SEC Compliant badges and law firm names, creating the impression of institutional endorsement. Internal broadcast instructions from the issuer directed that COINHUB and exchange names be excluded from WKO event coverage. As of research, it is unconfirmed whether WKO approved the use of its name in RYO Coin promotional materials beyond the sponsorship agreement.
How many Anthony Diaz individuals are documented?
At least four, including the Zenza/RYO operator (SSN 9581), Anthony Diaz IV (son), a separate Nevada debtor (SSN 3954), and a separate Go!/SmartChain Anthony Diaz on ACRA UEN 202511068E. Full disambiguation and parallel patterns: /people/anthony-diaz/.
Is the Zenza Anthony Diaz the Go! SmartChain director?
No. ACRA UEN 202511068E names a different Anthony Diaz (passport ending in 8370). The Zenza/RYO operator is SSN last-4 9581 in Nevada bankruptcies. Both projects show a similar raise-first playbook on several dimensions, but that is structural parallel,not proof of copying or shared identity. Go! is a real Singapore company, not a delivered L1 per captured assessments. Details: /people/anthony-diaz/#parallel-patterns.
Is Anthony Diaz IV the same person as the Zenza operator?
No. The bankruptcy and court records for SSN 9581 document the father as Zenza operator. Anthony Diaz IV appears in Club Sparkle marketing as public-facing content and is documented as the son by age and generational reference in archived materials. The two are distinct individuals sharing the same name.
Who is Lani Dizon in Nevada corporate records?
Nevada bankruptcy petitions list Lani Alfaro Dizon (SSN last-4 0194) at Las Vegas addresses shared with Anthony Diaz. Clark County District Court case A-13-677591-C resulted in a judgment of $1,003,225.37 against her in 2014 on property at 7009 Via Bella Luna Ave.
What is the relationship between Lani Dizon and the Uehara family?
Lani Dizon is not documented as directly related to the Uehara family. The Uehara connection runs through COINHUB representatives 植原洋 and 植原治 who share a Tokyo address with One World Holdings. Lani Dizon's documented connections are to the Diaz family and Sparkle KK.
Is COINHUB actually FSA-licensed in Japan?
Yes. COINHUB株式会社 holds Japan FSA 暗号資産交換業 registration (corporate number 2010601046190). Verify on the FSA list of licensed crypto exchanges at fsa.go.jp/en/regulated/licensed/. Its FSA license means it is regulated, but does not validate any RYO ecosystem claims.
What is the relationship between COINHUB and One World Holdings?
Both list the same Tokyo address (東日本橋EXビル1F). COINHUB lists 植原洋 as representative director. One World Holdings PR Times profile lists 植原治 (different kanji). Whether this is the same person or two individuals is not confirmed without 登記 (certified registry extract).
What is Club Sparkle?
Club Sparkle is a multi-level marketing (MLM) wellness brand. Nevada SOS records show US registrations at 3525 W Cheyenne Ave, Las Vegas. Marketing materials identify Anthony Diaz as Chairman (Anthony Diaz IV on public-facing content per archived website). Separately, Sparkle KK (法人番号 7011001095609) is a Japan entity with Lani Dizon as 代表取締役 at 渋谷区道玄坂 address.
Who is Reiko Okura?
Reiko Okura is documented in Nevada SOS filings related to Club Sparkle corporate records. She appears in the corporate filings of entities connected to the Club Sparkle network. The scope and role are limited to what Nevada SOS records show.
How do I search SEC EDGAR?
Go to sec.gov/edgar/searchedgar/companysearch. Enter the company name (e.g. Zenza Capital, RYO Coin, RYO Digital) in the Fast Search box. If no filings appear, the entity has not filed with the SEC as a US-registered securities issuer. EDGAR covers all US public company filings.
How do I check a Singapore company on ACRA?
Go to bizfile.gov.sg. Select Business Profile search. Enter the UEN (Unique Entity Number) shown on the bond document or marketing material. For a fee (approximately SGD 5-30) you can download the business profile showing directors, shareholders, and registration status.
How do I verify a Japan corporate number (法人番号)?
Go to houjin-bango.nta.go.jp. Enter the 13-digit 法人番号 in the search box. The site returns the company name, address, and registration details. This is a free national database maintained by the National Tax Agency (国税庁).
How do I check if a CertiK badge is still valid?
Go to skynet.certik.com. Search for the project name (e.g. RYO). CertiK Skynet shows the current security audit status, audit type, and expiration date. A badge displayed on a website may be expired or for a different project. RYO's Bronze KYC badge was awarded May 2024 but has never completed the required 90-day re-evaluation, and there are zero completed code audits on Skynet.
What is the Solscan presale wallet address for RYO-CHAN?
The documented presale wallet is 5WzmuNt4iYqviMX7C8SvtVYxohhRaee7LTw8N9TFEe9j (Solana Squads multisig). Check solscan.io/account/{address} to view the transaction history showing SOL inflows from participants and outflows to private wallets.
How do I verify a 転換社債 issuer in Japan?
Request the bond certificate and note the issuer name and any registration number. For a Singapore issuer like Zenza Capital PTE, search ACRA BizFile (bizfile.gov.sg). For a Japan issuer, search 法人番号 at houjin-bango.nta.go.jp. Cross-check the issuer name against marketing materials. A legitimate convertible bond has a registered issuer, a fixed conversion period, and disclosure obligations under 金商法.
How do I verify a CertiK audit on the CertiK website?
Go to skynet.certik.com and search for the project name. The Skynet page shows: KYC badge tier and award date, code audit status (completed, in progress, or none), audit expiration and re-evaluation status, and security score. For RYO specifically: Bronze KYC badge was awarded May 2024 but no 90-day re-evaluation was ever completed. The code audit has been 'in progress' since May 2024 with 0 completed audits. A badge on a marketing page may show a different status than the CertiK database.
Is Offstage a government website?
No. Offstage is an independent research publication. It is not affiliated with any government agency, regulator, or law enforcement body. All sources cited are independently verifiable public records.
Who operates Offstage?
Offstage does not disclose its operator or author names. This is intentional: the site is structured so that every claim points to a primary source anyone can verify. The authority is the source document, not the author.
Does Offstage accept tips or evidence?
Offstage has a contact channel for tips and evidence submissions at its published contact address. Submitters are advised to use encrypted communication for sensitive materials. Offstage does not publish any submitter's personal information.