SEC Commissioner Peirce Says Unikrn-Killing Fine to Have Chilling Effect
Submitted by Anonymous (not verified) on Wed, 09/16/2020 - 01:02
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.