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Are digital tokens securities? The SEC’s Kik Interactive lawsuit may clarify cryptocurrency rules — Fortune

The U.S. Securities and Exchange Commission sued Kik Interactive for illegally raising $100 million, according to a Fortune story.

Here is the link: http://fortune.com/2019/06/04/sec-kik-interactive-lawsuit/

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Island raises $175M

Dallas, Texas-based enterprise browser company Island raised $175 million in Series D funding, raising the company's valuation to $3 billion.

Binance founder Changpeng ‘CZ’ Zhao sentenced to 4 months in prison — Gizmodo

Zhao pleaded guilty to money laundering violations as part of Binance’s agreement with the United States Department of Justice, writes Maxwell Zeff in Gizmodo.