The U.S. Securities and Exchange Commission (SEC) has sued messaging app Kik over their 2017 ICO. Officials allege that the ICO constituted an unregistered securities offering. Steven Peikin, co-director of the SEC’s Division of Enforcement that Kik “deprived investors of information to which they were legally entitled, and prevented investors from making informed investment decisions.” […]The post SEC sues Kik for unregistered securities offering appeared first on CryptoSlate.
