Atlanta Gold Inc., a Toronto-headquartered gold mining company, was planning to raise $250,000 with a token sale in order to pay for their pollution fine, Idaho Statesman reports. However, an Idaho federal judge denied their request.
The company was supposed to launch a sale for a brand-new cryptocurrency dubbed Four Nine Gold. Atlanta Gold provided the judge with a whitepaper that outlines the peculiarities of a new token, stating that residents of China, US and a slew of other countries would not be eligible to buy it. However, the judge dismissed this information as not reliable.
Atlanta Gold is obliged to pay its fine by Sept. 14.
Judge Denies Canadian Gold Mining Company’s Request to Pay $250,000 Pollution Fine With Crypto
Advertisement
Advertisement
Related articles
News
Oct 6, 2024 - 16:00
What's Next for Shiba Inu (SHIB) Price? Bollinger Bands Unveil Epic Scenario
News
Oct 6, 2024 - 15:45
MicroStrategy Makes Next Big Step With Bitcoin Advocate Search
Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox