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SEC, Kik Continue Court Clash Over $100M Kin Token Sale

The SEC and Kik doubled down on their respective views of whether the 2017 KIN token sale was a securities transaction in new legal filings published late Friday.

By Nikhilesh De
Updated Sep 14, 2021, 8:33 a.m. Published Apr 25, 2020, 9:06 a.m.
The Kin cryptocurrrency was launched by the social media app Kik back in 2017. (Sharaf Maksumov / Shutterstock)
The Kin cryptocurrrency was launched by the social media app Kik back in 2017. (Sharaf Maksumov / Shutterstock)