DeFi Money Market closure after SEC probe could set rocky precedent
What started with the unexpected closure of an investment platform may have ramifications for U.S. DeFi projects say critics. Go to Source Powered by WPeMatico
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Ripple CEO answers 5 key questions about the SEC lawsuit
Ripple’s CEO Brad Garlinghouse has responded to some of the community’s concerns surrounding the SEC’s $1.3 billion lawsuit against the firm. Go to Source Powered by WPeMatico
The SEC collected $1.26 billion from unregistered ICOs in 2020
In a record-breaking year, the SEC seized $4.68 billion — more than one-quarter of which came from cryptocurrency-related firms. Go to Source Powered by WPeMatico
SEC sees $5M victory in case against Kik
The outlook is grim for the Canadian messaging app as it loses $5 million over its ICO for Kin tokens. Go to Source Powered by WPeMatico
SEC versus Kik: SAFTs are far from safe
SEC v. Kik doesn’t have to be game-over for Kik or SAFTs. In fact, the decision is perhaps more favorable than the SEC v. Telegram order. Go to Source Powered by WPeMatico
ICO Aftermath: US Rules in Favour of SEC in $100M KIK Case – SALT to Reimburse Claimants From 2017 ICO
A US court has ruled in favour of the US SEC after the regulator’s filing of a motion seeking summary judgment against Kik for violating the country securities laws. Kik, which raised $100 million from 2017 ICO, had filed its own motion of summary judgment but the court refused to grant this. In his judgment, … Read more
Court rules Kik’s 2017 ICO violated U.S. securities laws
A judge has ruled that the $100 million ICO conducted by the Canadian messaging platform Kik in 2017 violated federal securities laws. Go to Source Powered by WPeMatico
Crypto Subreddit Mods Remove Post That Connects Kik to Child Porn
Kik and Solana may be trying to keep damaging allegations hidden from the public. Go to Source Powered by WPeMatico
The Death of the ICO: Has the US SEC Closed the Global Window on New Tokens?
As Telegram learned, regulators in the U.S. are a major barrier to new projects looking for funding anywhere in the world. Go to Source Powered by WPeMatico
Kik’s Drama With The SEC May Soon Be At An End
Both SEC and Kik are requesting summary judgment in their lengthy dispute over the firm’s 2017 ICO Go to Source Powered by WPeMatico
