Constraints over KODAKCoin Trade

Constraints over KODAKCoin Trade

The KODAKCoin would undergo ‘significant trading restriction’ if the SEC categorizes it as a security. KODAKCoin is presently sold through Simple Agreements for Future Tokens (SAFTs) as developed by WENN Digital. The company disclosed, “KODAKCoin as securities will be subject to a significant restriction on resale and transfer in the absence of registration under Securities Act.

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