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02 March 2021

Long Blockchain, Icon of the 2017 Crypto Frenzy, Gets Stock Delisted by SEC - Decrypt

Long Blockchain, Icon of the 2017 Crypto Frenzy, Gets Stock Delisted by SEC - Decrypt


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A former iced-tea company that became a blockchain investment company has had its shares delisted by the US Securities and Exchange Commission (SEC) after failing to file financial updates.  .

TheSEC’s Friday ordersaid that Long Blockchain Corp’s big plan to move to the cryptocurrency world was a failure.  

“In December 2017, the company changed its name to LBCC and announced that it was shifting its business operations from soft drink production to activities related to blockchain technology.” the SEC said. 

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