4 Articles 2 Followers
21 Oct 2020 1 minute read 1 comment Abhimanyu Krishnan
Kik has ended a lawsuit with the United States Securities and Exchange Commission (SEC), having paid $5 million to settle the case, according to court documents published on October 20. The two parties have “reached agreement on a proposed judgment”...
1 Oct 2020 1 minute read 0 comments Abhimanyu Krishnan
On September 30, a U.S. district judge for the Southern District of New York ruled that messaging app KIK’s $100 million token sale held in 2017 violated securities law. The judge said that the KIK token met all of the criteria of the Howey test, wh...
29 Sep 2019 1 minute read 1 comment Cryptos.com
While Kik remains one of the largest messaging apps in the world with millions of users, it is being forced to shut down after a long legal battle with the SEC over their cryptocurrency Kin. In an official blog post by the founder and CEO, Ted Living...
24 Sep 2019 4 minute read 2 comments Brawnd0
We’ve got BIG, BIG news this week and you probably know what it is (hint: Bakkt). But there’s been a lot else that has been happening as well, mostly to do with individual projects or entities making some important changes or hitting important milest...
