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kik

Kik's Token Survives SEC Battle, No Barrier to Exchange Listings, Says Kin Foundation

The Kin Foundation says both itself and the Kin token have survived the recently resolved court battle with the U.S. SEC over a 2017 ICO.

By Daniel Palmer

Oct 23, 2020 at 1:02 p.m. UTC

Oct 23, 2020

SECKikKin FoundationCoinFlash

Kik Must Pay SEC $5M, Judge Rules, Ending Yearlong Battle Over $100M ICO

Kik will pay $5 million in penalties as part of a proposed settlement with the SEC, which sued the messaging app last year.

By Danny Nelson Nikhilesh De

Oct 20, 2020 at 5:18 p.m. UTC

Oct 20, 2020

SECICOsKik

Judge Rules Kik's Token Sale Violated US Securities Law

A federal judge has ruled Kik's 2017, $100 million token sale violated U.S. securities law, and wants to see a proposal for refunds.

By Nikhilesh De

Sep 30, 2020 at 10:29 p.m. UTC

Sep 30, 2020

SECKik

Telegram's Defeat Isn't 'Binding' in Kik Case, Judge Tells SEC

Kik's proverbial day in court may take a lot longer than Telegram's, if the judge’s response to the SEC during a hearing this week is any indication.

By Sandali Handagama

Jul 10, 2020 at 10:00 p.m. UTC

Jul 10, 2020

TelegramSecurities and Exchange CommissionKik

Kin Community Approves Move From Stellar Fork to Solana's Blockchain

Devs, node operators and the Kin Foundation board have approved its move from a fork of the Stellar blockchain to Solana's network.

By Jaspreet Kalra

Jun 19, 2020 at 4:00 p.m. UTC

Jun 19, 2020

StellarKikKin FoundationSolana

Fed Up With Its Fork of Stellar, Kin Is Looking to Move Onto Solana

The Kin Foundation is seeking to move the kin cryptocurrency onto the Solana blockchain, according to a proposal shared with CoinDesk.

By Brady Dale

May 22, 2020 at 2:00 p.m. UTC

May 22, 2020

StellarKikSolana

Kin Foundation Publishes First Transparency Report Amid SEC Court Fight

The Kin Foundation is offering a peek under the hood of its operations with a new transparency report published with Messari.

By Nikhilesh De

May 21, 2020 at 7:09 p.m. UTC

May 21, 2020

SECKikMessari

Judge Approved Blockchain Association’s Brief in Kik Case Despite SEC Objections

U.S. District Judge Alvin Hellerstein allowed the Blockchain Association to file a brief in the SEC v. Kik case a day after the regulator filed an objection to letting the group comment.

By Nikhilesh De

Apr 28, 2020 at 8:49 p.m. UTC

Apr 28, 2020

SECLawsuitSecuritiesKik

With Kik and Telegram Cases, the SEC Tries to Kill the SAFT

Invented by white shoe New York City law firms, the two-step Simple Agreement for Future Tokens (SAFT) was supposed to keep crypto companies out of trouble. Now, the SEC is coming full bore for startups like Kik and Telegram.

By Preston J. Byrne

Apr 28, 2020 at 5:43 p.m. UTC

Apr 28, 2020

TokensOpinionKikSAFT