Cryptocurrencies
Kodak's Crypto Coin Might Not Be a Security ... Or It Might Be
- Company behind ICO sends whitepaper amid SEC crypto crackdown
- Document says firm hasn’t made final call on status of token
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The long-awaited roadmap for Eastman Kodak Co.’s digital token is finally here, and it’s a little confusing.
WENN Digital, the company licensing Kodak’s name to do an initial coin offering, sent emails to prospective investors Thursday with a link to a “light paper” detailing its plan for KodakCoin. The document said that the digital token probably won’t be a security ... but it could be.