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DeFi Money Market closure after SEC probe could set rocky precedent
19.2.2021
What started with the unexpected closure of an investment platform may have ramifications for U.S. DeFi projects say critics
ICO Aftermath: US Rules in Favour of SEC in $100M KIK Case – SALT to Reimburse Claimants From 2017 ICO
1.10.2020
A US court has ruled in favour of the US SEC after the regulator’s filing of a motion seeking summary judgment against Kik for violating the country securities laws. Kik, which raised $100 million from 2017 ICO, had filed its own motion of summary judgment but the court refused to grant this....
Kik and SEC Oppose Each Other’s Motions for Summary Judgment
26.4.2020
Kik’s general counsel told Cointelegraph that the SEC’s case relies on its “poorly reasoned” suit against Telegram
Messaging App Kik’s Legal Battle Shines Light on Past ICO Scams
24.9.2019
Popular messaging app Kik is shutting down due to a Securities and Exchange Commission lawsuit regarding ICO activity for the company’s cryptocurrency, kin. Ted Livingston, Founder and CEO of Kik and Kin, denies the allegations and maintains that the SEC’s case is based...
The 8 Biggest Bombshells From the SEC’s Kik ICO Lawsuit
5.6.2019
In a complaint filed Tuesday, the SEC laid out where Kik allegedly ran afoul of U.S. securities law with its $98 million ICO in 2017. It also revealed a lot more