Noted cryptocurrency advocate and Securities and Exchange Commissioner Hester M. Peirce issued a public dissent after the SEC levied a $6.1 million fine on online gaming and gambling platform Unikrn for conducting an initial coin offering (ICO) in 2017, a penalty that effectively amounts to the size of the company’s current assets.
Crypto Esports Startup Unikrn to Pay $6.1M in SEC Settlement Over 2017 ICO
Unikrn has agreed to settle the charges, without admitting or denying them, by paying a $6.1 million penalty to be distributed among investors.
Fake Horses, Real Bets: Unikrn Is Putting Racetrack NFTs on Ethereum
The Unikrn esports platform is partnering with ZED RUN to bring horse betting to the ethereum blockchain.
Bittrex CEO to Advise Cuban-Backed Crypto Gaming Platform Unikrn
Bittrex CEO Bill Shihara will help guide the crypto eSports betting platform as it works to improve the security and adoption of its crypto token.