Kik

Kik and the SEC propose a $5M fine to settle their dispute over a 2017 token sale that raised ~$100M; the settlement still needs approval from a judge

In a 130-page court filing, Kik says SEC's lawsuit manipulated facts and took comments out of context about its 2017 token sale, which raised $100M

The Takeaway:  — Kik claims the SEC took executives' comments out of context in a suit alleging the startup's 2017 token sale violated securities laws.

SEC is suing Kik for allegedly running an unregistered securities sale when it launched an ICO for its Kin token in 2017

Following the announcement of a lawsuit … Adrian Barkley / Crypto Daily : How Valid Is The SECs Suit Against Kik? Jasmine Solana / CoinGeek : SEC lawsuit accuses Kik of conducting illegal $100M ICO Te...