Search for: ICO SEC lawsuit

The 8 Biggest Bombshells From the SEC’s Kik ICO Lawsuit

| Brady Dale

In a complaint filed Tuesday, the SEC laid out where Kik allegedly ran afoul of U.S. securities law with its $98 million ICO in 2017. It also…

Former AriseBank Execs Settle Charges in SEC ICO Fraud Lawsuit

| Nikhilesh De

The SEC has settled charges with AriseBank's former CEO and COO, requiring the two to pay $2.7 million in disgorgement and $187,000 in penalties.

SEC Guidance Gives Ammo to Lawsuit Claiming XRP Is Unregistered Security

| Nikhilesh De

Investors suing Ripple have started citing the SEC’s token guidance to back their claim that XRP is an unregistered security.

Kik Says SEC Lawsuit ‘Twisted Facts’ About Startup’s $100 Million Token Sale

| Nikhilesh De

Kik claims the SEC took comments out of context and manipulated facts in its suit alleging the firm’s token sale violated securities laws.

robert, cohn, SEC

SEC Chief Who Pursued Actions Against ICOs, Kik to Resign

| Daniel Kuhn

Robert A. Cohen pursued actions against a number ICOs and crypto exchange platforms as Cyber Unit chief. He will resign in August.

oranges, fruits

Howey Schmowey – The Real Answer is to Update Securities Regulations

| David Weisberger

The SEC should focus more on fraud prevention than if an asset is a security, as fraud can be committed with securities too, argues David Weisberger.

The SEC Case Against Kik’s ICO Appears Strong, Experts Say

| Nikhilesh De

The SEC seems to have a strong case on the facts in its complaint against Kik and its 2017 token sale, according to legal experts.

The SEC Is Suing Kik for Its 2017 ICO

| Nikhilesh De

The U.S. Securities and Exchange Commission has filed suit against Kik over its 2017 initial coin offering.

Kik is Crowdfunding $5 Million in Crypto to Help Fight SEC

| Daniel Palmer

Messaging app firm Kik has launched a crypto crowdfunding campaign to support a likely court battle with the U.S. SEC over its ICO token, kin.

Floyd Mayweather, DJ Khaled Escape Lawsuit Brought By ICO Investors

| Nikhilesh De

Floyd Mayweather, DJ Khaled and two employees of the Centra Tech ICO project have been dismissed from an investor lawsuit by a federal judge.