The US Securities and Exchange Commission has settled with Unikrn, a Seattle-headquartered crypto eSports and gambling platform, over its $31 million initial coin offering (ICO) that drew investments from Shark Tank’s Mark Cuban, Ashton Kutcher and Ethereum co-founder Anthony Di Lorio. In 2018, the SEC had alleged that the ICO for UnikoinGold (UGK), which was held in 2017, constituted an illegal sale of unregistered securities. The SEC announced today that Unikrn agreed to pay a $6.1 million penalty to the SEC, “substantially all of the company’s assets.” The SEC will then return the money to investors. Unikrn ... (full story)