kik – DIGIT INFO

DeFi Money Market closure after SEC probe could set rocky precedent

DIGIT — Fri, 19 Feb 2021 03:38:37 +0000

What started with the unexpected closure of an investment platform may have ramifications for U.S. DeFi projects say critics.

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Ripple CEO answers 5 key questions about the SEC lawsuit

DIGIT — Fri, 08 Jan 2021 03:01:20 +0000

Ripple’s CEO Brad Garlinghouse has responded to some of the community’s concerns surrounding the SEC’s $1.3 billion lawsuit against the firm.

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The SEC collected $1.26 billion from unregistered ICOs in 2020

DIGIT — Thu, 12 Nov 2020 05:24:06 +0000

In a record-breaking year, the SEC seized $4.68 billion — more than one-quarter of which came from cryptocurrency-related firms.

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SEC sees $5M victory in case against Kik

DIGIT — Wed, 21 Oct 2020 20:17:52 +0000

The outlook is grim for the Canadian messaging app as it loses $5 million over its ICO for Kin tokens.

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SEC versus Kik: SAFTs are far from safe

DIGIT — Sun, 04 Oct 2020 16:00:00 +0000

SEC v. Kik doesn’t have to be game-over for Kik or SAFTs. In fact, the decision is perhaps more favorable than the SEC v. Telegram order.

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ICO Aftermath: US Rules in Favour of SEC in $100M KIK Case – SALT to Reimburse Claimants From 2017 ICO

DIGIT — Thu, 01 Oct 2020 17:30:53 +0000

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. In his judgment, […]

The post ICO Aftermath: US Rules in Favour of SEC in $100M KIK Case – SALT to Reimburse Claimants From 2017 ICO appeared first on Bitcoin News.

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Court rules Kik’s 2017 ICO violated U.S. securities laws

DIGIT — Thu, 01 Oct 2020 05:52:10 +0000

A judge has ruled that the $100 million ICO conducted by the Canadian messaging platform Kik in 2017 violated federal securities laws.

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Crypto Subreddit Mods Remove Post That Connects Kik to Child Porn

DIGIT — Tue, 23 Jun 2020 18:10:00 +0000

Kik and Solana may be trying to keep damaging allegations hidden from the public.

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The Death of the ICO: Has the US SEC Closed the Global Window on New Tokens?

DIGIT — Sat, 23 May 2020 13:06:00 +0000

As Telegram learned, regulators in the U.S. are a major barrier to new projects looking for funding anywhere in the world.

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Kik’s Drama With The SEC May Soon Be At An End

DIGIT — Sat, 09 May 2020 19:25:00 +0000

Both SEC and Kik are requesting summary judgment in their lengthy dispute over the firm’s 2017 ICO

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