SEC Sues Messaging App Kik Over $100 Million Initial Coin Offering

0 0 Wednesday, June 5, 2019

The Securities and Exchange Commission is suing anonymity-focused, Canada-based messaging service Kik Interactive, claiming the company’s H...

The Securities and Exchange Commission is suing anonymity-focused, Canada-based messaging service Kik Interactive, claiming the company’s Hail Mary pivot to raising money via a cryptocurrency sale in 2017 amounted to an illegal, unregistered securities offering, Bloomberg reported on Tuesday.

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SEC Sues Messaging App Kik Over $100 Million Initial Coin Offering

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