Kik settles with SEC for $5M in unregistered KIN ICO case

Kik will accept a $5 million penalty from the SEC to end litigation over a $100 million ICO sale, which it didn't register with the U.S SEC.

Komal Joshi · Oct 21,2020 . 5min read

Court Judge affirms SEC’s rule against Kik, says latter’s 2017 ICO violates Securities Act

Judge stated that Kik's ICO which saw US investors contributing $55 million violates its Securities Law and must be held to account.

Victor Ugochukwu · Oct 1,2020 . 6min read