#Kik #Bitcoin #blockchain #TokenSale #Million #fintech
Law, The Tokens, Pleading, Coin, Initial public offering, Security token

SEC, Kik Continue Court Clash Over $100M Kin Token Sale

On Apr 26, 2020
@SpirosMargaris shared
SEC, #Kik Continue Court Clash Over $100 #Million Kin #TokenSale https://t.co/NGTez5denJ #fintech #blockchain #regulation @nikhileshde @CoinDesk https://t.co/Yt2HTtMODt
Open

The U.S. Securities and Exchange Commission (SEC) and Kik Interactive are both doubling down on their desire for a speedy resolution to a nine-month-old legal case over whether Kik’s 2017 initial coin offering was a securities sale.

www.coindesk.com
On Apr 26, 2020
@SpirosMargaris shared
SEC, #Kik Continue Court Clash Over $100 #Million Kin #TokenSale https://t.co/NGTez5denJ #fintech #blockchain #regulation @nikhileshde @CoinDesk https://t.co/Yt2HTtMODt
Open

SEC, Kik Continue Court Clash Over $100M Kin Token Sale

The U.S. Securities and Exchange Commission (SEC) and Kik Interactive are both doubling down on their desire for a speedy resolution to a nine-month-old legal case over whether Kik’s 2017 ...

SEC launches complaint against Waterloo’s Kik Interactive over US$100 million crypto offering

The U.S. Securities and Exchange Commission is seeking a disgorgement of “ill-gotten gains” and civil penalties from Waterloo, Ont.-based Kik Interactive Inc. over a US$100 million initial ...

Why is Kik Challenging The SEC In Anticipated Crypto ICO Court Case?

Kik is challenging the SEC over its KIN ICO in civil court, as the Canadian social media company believes its crypto offering is a utility, not a security.

Federal Judge Orders Kik Technical Advisor to Sit for Deposition With SEC

Kik technical advisor Tanner Philp must sit for another deposition in the company's ongoing legal fight with the SEC over its 2017 token sale, a federal judge ruled Wednesday.

SEC Sues Messaging App Kik Over $100 Million Initial Coin Offering

The Securities and Exchange Commission is suing anonymity-focused, Canada-based messaging service Kik Interactive, claiming the company’s Hail Mary pivot to raising money via a ...

The SEC Is Suing This Popular Messaging App for Illegally Raising $100 Million Through an ICO

Kik didn't disclose its financial information when it launched its 'Kin' token in 2017--and the U.S. Securities and Exchange Commission is coming to collect.

Messaging app Kik closes down as it battles SEC lawsuit over its cryptocurrency plans

In a blog post on Tuesday, Kik's CEO Ted Livingston confirmed that the company would be closing Kik to focus on Kin, its cryptocurrency business.

SEC sues Kik alleging that ‘initial coin offering’ of Kin tokens was illegal

SEC sues Kik alleging that 'initial coin offering' of Kin tokens was illegal - SiliconANGLE

SEC Sues Social Network Kik For $100 Million ICO

The SEC is suing social network Kik for raising $100 million via what the regulator describes as an unregistered securities offering.

Messaging app Kik shuts down as company focuses on Kin, its cryptocurrency

Kik Interactive CEO Ted Livingston announced today that the company is shutting down Kik Messenger to focus on its cryptocurrency Kin, the target of a lawsuit filed by the Securities and ...

Federal Court Finds That Ambiguous Limitation-of-Liability Clause Did Not Clearly Restrict Owner’s Claims

DAK Americas Mississippi, Inc. v. Jedson Engineering, Inc. et al, No. 1:18cv31-HSO-JCG, 2019 BL 208838 (S.D. Miss. June 6, 2019) - This...

As SEC files suit, Kik’s Ted Livingston argues loss would be “disastrous” for crypto

Ted Livingston, the founder of Kik and Kin, said though he's confident Kik will win against the SEC, losing would be disastrous for the crypto industry.

Kik Messenger vs the SEC

Join thousands of others who receive this daily analysis of crypto markets & news in their inbox every morning - subscribe now. Kik Messenger is preparing for a legal battle with the SEC. ...

S.E.C. Sues Social-Media Company Kik Over Digital Coin Offering

A federal lawsuit in Manhattan could test the Security and Exchange Commission’s authority over so-called initial coin offerings.

SEC wins injunction against Telegram blockchain launch in key ICO case

Ruling in a landmark digital currency suit by the Securities and Exchange Commis...

Blockchain Association Weighs In on SEC Case Against Kik’s ICO

The Blockchain Association has asked the court, which is considering Kik’s case, to deny the SEC’s motion for summary judgment

Click here to read the article

Kik takes compliance very seriously, and in preparing for the sale of Kin, Kik retained sophisticated counsel (both in the United States and internationally); hired a distinguished General ...

Kik Shuts Down Messaging App Amid Kin Cryptocurrency Battle With US SEC

The announcement was made late Monday by Kik founder and chief executive Ted Livingston.