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Tag Archives: Kik

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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SEC Files a $100 Million Lawsuit On Kik for Having Unregistered Tokens

Kin Kik Sec

The SEC, abbreviation for the Securities and Exchange Commission is an independent agency of the US Federal Government. SEC basically holds the right to enforce federal securities law and handles the securities industry. It recently has cracked down Kik, a messaging application, for launching its own cryptocurrency. While an unassuming …

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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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Kik CEO Ted Livingston’s Under Fire SEC as Kik’s Crypto Project is Going to War

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Canadian informing application company Kik Interactive Inc. is intending to prosecute the SEC over a potential requirement action against Kik’s 2017 Initial Coin Offering (ICO) of the Waterloo, Ontario-based tech company’s proprietary cryptocurrency, Kin. A Kik representative told reporters that the stakes are high for the entire cryptocurrency industry: We are unsure …

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