Blockchain Association To Take Over Kik's Defend Crypto Initiative

Blockchain Association To Take Over Kik's Defend Crypto Initiative
фото показано с : ethnews.com

2019-6-29 19:00

The DC-based lobbyist group Blockchain Association will be taking over Defend Crypto, the crowdfunding initiative Kik started to help itself and other crypto-related businesses hit with lawsuits from the US Securities and Exchange Commission.

In handing over control, Kik will take back the $5 million it initially contributed to the fund and donate $500,000 worth of Kin tokens.

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