SEC Fines Unikrn $6.1M Over Unregistered Initial Coin Offering

POSTED BY James Fudge September 15, 2020

The U.S. Securities and Exchange Commission announced Tuesday that it has fined Seattle-based esports betting company Unikrn $6.1M USD for “conducting an unregistered initial coin offering (ICO) of digital asset securities.” The fine, which Unikrn has agreed to pay, is related to raising an estimated $31M for its UnikoinGold (UKG) token between June and September […]

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