AIR ‘s CEO; Victor Santos: Airfox reached a settlement with the SEC andreleased an updated white paper. As part of the settlement, Airfox will pursue registration of AirToken under Section 12(g) of the Securities Exchange Act of 1934.

As part of this settlement, we are offering a chance for rescission at USD ICO price to a sub-set of token holders who bought directly from us during the ICO. Given the nature of the settlement and to facilitate a fair claims process, AirToken transfers are temporarily paused until we finalize the claims process.

Additionally, I’m very excited to introduce new uses for AirToken throughout the Airfox ecosystem, as detailed in the updated white paper. We plan to facilitate closer communication with token holders by forming an advisory council voted and appointed by community through quarterly updates from me and other team members. More details to come in early January. Thank you for your continuous support, and I hope you continue to support us as we build the next generation of financial technology services on the blockchain.

https://airfox.com/uploads/Airfox-white-paper-version-2-Nov-2018.pdf

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