SEC sues Kik over $100M ICO in potential crypto bellwether

SEC sues Kik over $100M ICO in potential crypto bellwether | PitchBook

About two years ago, during the early days of the bitcoin boom, a Canadian company called Kik launched an initial coin offering that went on to raise $100 million. Now, the SEC has filed a lawsuit accusing the social media startup of conducting an illegal securities offering, the latest step in the regulatory body’s effort to monitor the trading of digital currencies.










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