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Tag: Kik

SEC sees $5M victory in case against Kik

On Wednesday, the U.S. Securities and Exchange Commission announced the end of its lawsuit against Kik Interactive.The Canadian messenger app fell afoul of the U.S. regulator for failing to treat its sale of KIN tokens as a...

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SEC versus Kik: SAFTs are far from safe

On the last day of September 2020, Judge Alvin K. Hellerstein dashed the hopes of Kik Interactive, crypto entrepreneurs and Simple Agreement for Future Tokens, or SAFT, proponents in general by ruling in favor of the U.S....

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