Telegram has submitted a new legal filing requesting that the New York Southern District Court dismiss accusations by the U.S. Securities and Exchange Commission (SEC) that its cryptocurrency is a security. In October, the company’s hearing with the SEC was postponed until February 2020. The judge...
Flipside Crypto announced that it has raised $7.1 million in a Series Seed Prime financing. The round was led by Galaxy Digital Ventures with participation from Collaborative Fund, CMT Digital and Avon Ventures, as well as previous investors True Ventures, Founder Collective, Digital Currency Group,...
Canadian chat app Kik has filed an answer to a lawsuit by the Securities and Exchange Commission (SEC) claiming that the company’s $100 million digital coin offering was not legal. Kik said the SEC twisted the facts of the case, according to a report by...
Canadian social media company Kik has announced a crowdfunding effort aimed to help it — and other cryptocurrency firms — fight the U.S. Securities and Exchange Commission (SEC). The battle that sparked the effort focuses on the company’s 2017 initial coin offering, where it sold...
March 23, 2020
Both Kik and the Securities and Exchange Commission (SEC) are seeking a quick end to their legal dispute, CoinDesk reported. The SEC said in a motion for summary judgment that Kik did not offer a “cognizable defense” for the reason behind not registering its kin token sale. The company had meant for its kin tokens […]
November 14, 2019
Telegram has submitted a new legal filing requesting that the New York Southern District Court dismiss accusations by the U.S. Securities and Exchange Commission (SEC) that its cryptocurrency is a security....
September 25, 2019
Flipside Crypto announced that it has raised $7.1 million in a Series Seed Prime financing. The round was led by Galaxy Digital Ventures with participation from Collaborative Fund, CMT Digital...
August 07, 2019
Canadian chat app Kik has filed an answer to a lawsuit by the Securities and Exchange Commission (SEC) claiming that the company’s $100 million digital coin offering was not legal....
