If approved by the court, the settlement will “permanently enjoin Kik from committing future violations of the Securities Act of...

Judge Alvin Hellerstein ruled in favor of the SEC and against Kik’s $100 million ICO, finding that the token sale...

Telegram and Kik both used the Simple Agreement for Future Tokens structure to raise capital for the development of their...

Future entrepreneurs will be wary of proceeding on a SAFT basis, fearing that they will unintentionally be in non-compliance with...

The social media platform and the financial regulator continue to spar over whether or not Kik’s Kin offering was illegal.