The representative of WENN Digital, the organizer of the ICO of KODAKCoin, accused the Hong Kong exchange LBank in "fraudulent behavior." The reason was the announcement of LBank about the conduct of the corresponding ICO on its site. This is reported by Coindesk.
As stated in the section of token-sale on the LBank page, ICO KODAKCoin allegedly starts on Friday, May 4, at 12:00 UTC and ends at the same time on May 11.
Fake KODAKCoin ICO Page
However, WENN Digital stated that this information does not correspond to reality.
It has come to our attention that more than one fraudulent websites have been promoting the sale of KODAKCoin. This information is neither authentic nor accurate. All factual information regarding the availability of an ICO to accredited investors will come directly from KODAKCoin and its authorized representatives. To clarify, WENN Digital is only offering the SAFTs and the underlying KODAKCoin in exempt transactions to 'accredited investors. Offers and sales of the SAFTs and the underlying KODAKCoin outside the United States will also be made in accordance with the laws and regulations of the relevant jurisdictions.
KODAKCoin ICO was planned for the end of January, but later it was postponed "for several weeks".
Previously, WENN Digital, the "crypto-currency" partner of KODAK, announced that the token will be held in the SAFT format ("Simple agreements for future tokens"), and only "accredited investors" will be able to participate in it. In addition, the coin is positioned as a utility token.