digital token

SEC sues Kik for running an unregistered Initial Coin Offering

By Bitcoin, cryptocurrency, digital token, engadget, ICO, Internet, Kik, kin, lawsuit, legal, politics, sec, securities, Security, services, tomorrow

The US Securities and Exchange Commission (SEC) is suing messaging service Kik Interactive, stating that its 2017 digital token sale, which raised $100 million, was essentially an illegal, unregistered securities offering. According to Bloombe…

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