The Pomp Letter

The Pomp Letter

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The Pomp Letter
The Pomp Letter
The SEC has sued Kik over their ICO

The SEC has sued Kik over their ICO

Anthony Pompliano
Jun 05, 2019
∙ Paid
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The Pomp Letter
The Pomp Letter
The SEC has sued Kik over their ICO
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The SEC sued messaging app Kik over their $100 million ICO yesterday.

This development was somewhat expected, but the lawsuit lays out the SEC’s compliant in detail. Regulators claim that Kik’s fundraise consisted of a sale of unregistered securities in the United States, which is important because this is the first time that the SEC is going after a com…

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