Cryptocurrencies

Kim Dotcom’s Cryptocurrency Sale Canceled by Exchange

  • Controversial entrepreneur says some fees to aid Assange
  • U.S. has been seeking extradition of Dotcom from New Zealand
Kim DotcomPhotographer: Brendon O’Hagan/Bloomberg
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It doesn’t look like the controversial internet entrepreneur Kim Dotcom will be issuing his eponymous cryptocurrency anytime soon.

The digital-asset exchange Bitfinex said it no longer plans to offer the Kimcoin token on its platform because of rapidly evolving regulatory uncertainty and risks associated from raising funds for him through a so-called initial exchange offering.