SEC and Kik discuss ICO legal disputes in virtual hearing.

07月
10
2020-7-10 02:14
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During Thursday's virtual hearing, the judge heard allegations of lengthy disputes between the U.S. Securities and Exchange Commission (SEC) and an attorney for tech company Kik over more than $100 million ICO. At Thursday's hearing, the parties argued that others had failed to provide enough evidence to support their claims. Both sides have spent a lot of time arguing that the SEC is "the token of Kik, Kin is security." As the final decision has not yet reached the hearing, the review is focused on whether the final issue will go to trial. At the end of the interview, Kik Fang's attorney called the SEC's information on the token sales vague.

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2020-7-10 01:58

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