Unikrn news
Unikrn ICO faces further SEC action
Unikrn, an initial coin offering from 2017, faces action from the United States Securities and Exchange Commission. The SEC has accused the startup of running its ICO without going through the proper legal channels, based on a statement Tuesday from the regulating body. The commission claims Unikrn offered an unregistered investment opportunity. "Unikrn agreed to settle the charges by paying a $6.1 million penalty, substantially all of the company's assets, to be distributed to investors through a Fair Fund," the statement said. "Unikrn also agreed to disable the UKG, publish notice of the order, and request removal of UKG from …
Regulation / Sept. 15, 2020