The battle in federal court between the SEC and Telegram continues to progress at breakneck speed. The SEC commenced its action less than four months ago, on October 11, 2019, by seeking a temporary restraining order against...more
2/6/2020
/ Blockchain ,
Cryptocurrency ,
Digital Currency ,
Enforcement Actions ,
Financial Instruments ,
Investment ,
Investment Opportunities ,
Investors ,
Offerings ,
Restricted Transactions ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Securities Transactions ,
Securities Violations ,
Simple Agreement for Future Tokens (SAFT) ,
Token Sales ,
TRO ,
Unregistered Securities
On June 4, 2019, the SEC sued Kik Interactive Inc. (“Kik”), a privately held Canadian company, in the Southern District of New York, alleging that Kik’s offer and sale of $100 million worth of Kin tokens in 2017 constituted...more
7/19/2019
/ Capital Raising ,
Cryptocurrency ,
Digital Currency ,
Enforcement Actions ,
Form D Filing ,
Howey ,
Initial Coin Offering (ICOs) ,
Securities and Exchange Commission (SEC) ,
Securities Fraud ,
Securities Regulation ,
Social Networks ,
Unregistered Securities