DeFi Money Market closure after SEC probe could set rocky precedent

by Cointelegraph By Cyrus McNally | Feb 19, 2021 | DeFi, Digital Assets, ICO, Kik, SEC, Tim Draper, Venture Capital

What started with the unexpected closure of an investment platform may have ramifications for U.S. DeFi projects say...

Ripple CEO answers 5 key questions about the SEC lawsuit

by Cointelegraph By Joshua Mapperson | Jan 8, 2021 | Garlinghouse, Kik, Lawsuit, News, SEC, Securities, Telegram, Twitter, U.S., XRP

Ripple’s CEO Brad Garlinghouse has responded to some of the community’s concerns surrounding the SEC’s $1.3 billion lawsuit against the...

The SEC collected $1.26 billion from unregistered ICOs in 2020

by Cointelegraph By Joshua Mapperson | Nov 12, 2020 | Enforcement Agency, ICO, Kik, News, SEC, Securities, Telegram, U.S., Unregistered offering

In a record-breaking year, the SEC seized $4.68 billion — more than one-quarter of which came from cryptocurrency-related...

Kik’s Token Survives SEC Battle, No Barrier to Exchange Listings, Says Kin Foundation

by Daniel Palmer | Oct 23, 2020 | business, Coinflash, Kik, Kin Foundation, News, Policy & regulation, SEC

The Kin Foundation says both itself and the Kin token have survived the recently resolved court battle with the U.S. SEC over a 2017 ICO.

SEC sees $5M victory in case against Kik

by Cointelegraph By Kollen Post | Oct 21, 2020 | Court, ICO, Kik, Law, SEC

The Canadian firm's ICO for its Kin tokens comes to its unlucky...

Kik, SEC Propose $5M Settlement Over 2017 ICO, Ending Yearlong Battle

by Danny Nelson | Oct 20, 2020 | ICO's, Kik, Kin, News, SEC, Token Sales

Kik will pay $5 million in penalties as part of a proposed settlement with the SEC, which sued the messaging app last year.