Federal Judge Determines Kin Token Issuance was an Unregistered Token Offering; Company Agrees to Pay $5M Civil Money Penalty
1:19-cv-05244-AKH; Judge Hellerstein Kik Interactive Inc. ("Kik") is a company that made headlines in late 2017 for raising over $100M USD in a token sale. Later, the SEC filed suit…
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November 11, 2020