Kik (Again) Asks for Trial in Legal Tussle With SEC Over Token Sale
Kik is hoping to go to trial in the ongoing legal fight with the SEC over its 2017 kin token sale.
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The Kin Foundation is offering a peek under the hood of its operations with a new transparency report published with Messari.
The SEC says 7 members of the Blockchain Association have financial interests in Kik in its opposition to the group's brief around the case.
The Kin Foundation is seeking to move the kin cryptocurrency onto the Solana blockchain, according to a proposal shared with CoinDesk.
The SEC and Kik doubled down on their respective views of whether the 2017 KIN token sale was a securities transaction in new legal filings published late Friday.
Solana is looking to raise up to $12M at a $125M valuation, touting potential relationships with Dish and Kin in a pitch deck seen by CoinDesk.
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Kik vs SEC – The Lawyers Speak
The SEC's complaint against Kik, after it raised $100 million in an ICO, seemed pretty brutal, but not so fast, we're only hearing one side of the story. Watch more here as three lawyers discuss the case, its merits and its potential impacts for the crypto industry as a whole.
