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- Bitfinex and Kim Dotcom ‘mutually agree’ to delay Kimcoin’s token sale
Posted by : Brij Bhushan
Wednesday 6 November 2019
Controversial internet entrepreneur Kim Dotcom and cryptocurrency exchange Bitfinex have “mutually agreed” to defer Kimcoin’s token sale. According to a statement issued by exchange, the decision was taken as a result of the regulatory environment rapidly evolving since the sale was first announced in late September. “The risks associated with raising funds for the K.im token sale have become clearer, and we must put our community’s best interest first and foremost,” the statement reads. “After careful evaluation, we regret to announce that Bitfinex Token Sales and the K.im team have mutually agreed not to hold the token sale at this time,”…
This story continues at The Next Web