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Kik Messaging App to Shut Down Following SEC Lawsuit Against ICO

| William Foxley

In a company blog post, Livingston said the ongoing dispute with the SEC has forced Kik to close its doors.

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.

Telegram Responds to SEC: Gram Tokens Are Not Securities

| Nikhilesh De

Telegram is pushing back against the U.S. Securities and Exchange Commission (SEC).

SEC Charges Adult Entertainment Token Platform With 2017 ICO Fraud

| David Pan

The U.S. SEC has charged the CEO of an online adult entertainment marketplace with running a fraudulent initial coin offering scheme.

Vanbex Sells IP Amid Criminal Probe Into $22 Million ICO

| Anna Baydakova

Vanbex, a Canadian blockchain firm mired in a criminal investigation, has sold its intellectual property to crypto brokerage Hyperion.

SEC’s Top Crypto Cop Joins Coinbase’s Law Firm

| Daniel Kuhn

Robert A. Cohen will join corporate law firm Davis Polk & Wardwell as partner after 15 years with the Securities and Exchange Commission.

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.