Kik and SEC take their battle to the next level
The social media platform and the financial regulator continue to spar over whether or not Kik’s Kin offering was illegal.
The social media platform and the financial regulator continue to spar over whether or not Kik’s Kin offering was illegal.
The judge dismissed Kik’s plea, stating that it’s just a reargument of earlier facts with no new discovery
Kin cryptocurrency caused the U.S. Securities and Exchange Commission to drop its hammer on the company, and the result was the company deciding to put all its resources into fighting the lawsuit.
Kik Interactive shuts down its messaging service that causes 70 employees to loose their job.
Kik feels its been accused of things based on misconceptions and half truths.
Kin, the Canadian company behind the popular Kik messaging app, could take the U.S. Securities and Exchange Commission (SEC) to court.