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K.im Token Sale Delayed Indefinitely

Ramsey Baker

Summary: Bitfinex announced on their website today that the K.im token sale on the Bitfinex Token Sale platform will be postponed until further notice. Bitfinex cites the ever-evolving regulatory environment of cryptocurrency as the main reason behind the delay. The company found that the risks involved with raising funds for the token are too great and ...

Bitfinex announced on their website today that the K.im token sale on the Bitfinex Token Sale platform will be postponed until further notice.

Bitfinex cites the ever-evolving regulatory environment of cryptocurrency as the main reason behind the delay. The company found that the risks involved with raising funds for the token are too great and that they must put their community first. Bitfinex hasn't released a new date for the token sale.

The K.im coin token was founded by the contreversial internet entrepenuer Kim Dotcom. Dotcom founded Megaupload and is currently facing extradtion from New Zeland to the United States for money laundering, racketeering and wire fraud.

By Ramsey Baker

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