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SEC Commissioner Peirce Dissents From Unikrn-Killing Fine, S...
News

SEC Commissioner Peirce Dissents From Unikrn-Killing Fine, Says Action 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.

Source: CoinDesk.com

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