SEC Commissioner Peirce Says Unikrn-Killing Fine to Have Chilling Effect
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.
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, CoinDesk reports