The SEC Officially Sues Kik for Hosting an Illegal Securities Sale - Bitcoinist.comsteemCreated with Sketch.

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The SEC is going after KIK. The online messenging service had an ICO that raised $100 million. The company claims it already spent over $5 million dealing with the allegations. The SEC is going after companies that raised money using ICOs for being illegal. Under securities law, they are unregistered securities.


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5 years ago in #dlike by
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