Kin

Kik, SEC Propose $5M Settlement Over $100M ICO, Ending Yearlong Battle

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

News  ·  20 October 2020

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.

News  ·  10 July 2020
Stellar

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.

Tech  ·  22 May 2020
SEC

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.

News  ·  21 May 2020
Lawsuits

SEC Opposes Blockchain Association’s Brief Supporting Kik, Says Group Isn’t ‘Neutral’

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.

News  ·  28 April 2020
ICOs

SEC, Kik Continue Court Clash Over $100M Kin Token Sale

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.

News  ·  25 April 2020
Blockchain

Pitch Deck Says Solana Is Courting Dish Network, Kik for Its ‘Web-Scale’ Blockchain

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.

News  ·  9 March 2020
Kik

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.

News  ·  10 January 2020
News

Kik Sells Messaging App, Reaffirms Kin Crypto Integration

Kik has sold its messaging business to a holding company called MediaLab but plans to continue enabling Kin on the platform

Markets  ·  18 October 2019
CoinDesk Live

WATCH: Join CoinDesk LIVE With Kik CEO Ted Livingston

After rocky interactions with the SEC, Kik CEO Ted Livingston will join us on CoinDesk LIVE.

Markets  ·  7 August 2019
Regulation

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.

Policy & regulation  ·  14 June 2019
Lawsuits

The 8 Biggest Bombshells From the SEC’s Kik ICO Lawsuit

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 revealed a lot more.

Markets  ·  4 June 2019
Lawsuits

The SEC Is Suing Kik for Its 2017 ICO

The U.S. Securities and Exchange Commission has filed suit against Kik over its 2017 initial coin offering.

Markets  ·  4 June 2019
Regulation

What to Expect at the SEC’s Blockchain Forum Friday

At a fraught moment for government-industry relations, the SEC and crypto insiders are sitting down for a public meeting.

Policy & regulation  ·  31 May 2019
Regulation

Kik is Crowdfunding $5 Million in Crypto to Help Fight SEC

Messaging app firm Kik has launched a crypto crowdfunding campaign to support a likely court battle with the U.S. SEC over its ICO token, kin.

Policy & regulation  ·  28 May 2019