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The US Securities and Exchange Commission (SEC) filed a lawsuit against the company-developer of instant messenger Kik, accusing it that during the ICO in 2017, she led an unregistered sale of securities. It is reported by CoinDesk. In particular, the Canadian Kik Interactive Inc. accused of violating the provisions of section 5 of the Securities Act of 1933, in accordance with […]

The founder of the cryptocurrency exchange Cobinhood and startup Dexon Popo Chen in a letter to the community explained the situation around the platform, which users accused in exit scam. So, Chen stressed that the stock exchange and startup continue to work, and there is no question of any exit scam. “Our company went through a series of unsuccessful incidents that resulted in COBINHOOD Ltd. announced the suspension […]

The major holders of the tokens of the Polkadot and Dfinity projects sell significant amounts of these assets in over-the-counter markets. It is reported by The Block, citing cryptocurrency funds and investors who were offered to buy coins. So, to be precise, the original investors put up for sale SAFT-contracts, giving ownership of the not yet issued tokens. The publication claims that at the moment […]

Cobbingham Digital Finance Co. Ltd., the parent company of the Cobinhood cryptocurrency exchange, has declared bankruptcy and liquidation. About this portal Cryptoslate. A temporary manager has been appointed to liquidate the company. The final results of the bankruptcy procedure will determine the fate of Cobinhood. Indirectly, this may also affect the company associated with the stock exchange Dexon Foundation. It is noteworthy that in April 2019, the Dexon Foundation attracted […]