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SEC Rebuts On Kik’s “Void For Vagueness” Shield On ICO

Kin Kik Sec

Kik’s $100 million initial coin offering defence was commented by the U.S. Securities and Exchange Commission (SEC) to be indefensible, Further, the body(SEC) stated that the vagueness in terms such as ‘investment contract’ protect’s Kik from legal woes. Kik used the void for vagueness defence against the SEC to understand …

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KIK, the Messaging Startup behind the cryptocurrency Kin is now in a serious legal fight with the US regulators

Kin Kik Sec

Since there is no denial in the fact that the crypto market is filled with unexpected as well as unpredictable ups and downs, hence here is another incident that took place recently. Kik, the messaging startup behind the Kin cryptocurrency seems to be in some serious trouble as of now. …

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