SEC


Finance

Kik's Token Survives SEC Battle, No Barrier to Exchange Listings, Says Kin Foundation

The Kin Foundation says both itself and the Kin token have survived the recently resolved court battle with the U.S. SEC over a 2017 ICO.

Kik app icon

Markets

Kik Must Pay SEC $5M, Judge Rules, Ending Yearlong Battle Over $100M ICO

Kik will pay $5 million in penalties as part of a proposed settlement with the SEC, which sued the messaging app last year.

Kik CEO Ted Livingston

Policy

SEC Will Be Forced to Give Crypto Guidance Despite Bureaucracy, Risk Avoidance: Peirce

Increased interest in the crypto space will necessitate a more accommodative stance, the commissioner predicted.

Hester Peirce

Markets

SEC Commissioner Peirce Chats About DeFi, Tokens and Her Unikrn Dissent at LA Blockchain Summit

While Peirce steered clear of commenting on specific DeFi projects like SushiSwap, she pointed out that issuers of governance tokens do have to think about how they share characteristics with equities.

CoinDesk placeholder image

Markets

John McAfee Arrested in Spain on US Criminal Charges

John McAfee allegedly received $11.6 million in bitcoin and ether for pumping ICOs in 2017 and 2018.

John McAfee

Policy

SEC Is Willing to 'Try' a Tokenized ETF, Chairman Says: Report

SEC Chairman Jay Clayton expressed an openness to a tokenized exchange-traded fund.

U.S. Securities and Exchange Commission Chairman Jay Clayton

Markets

Judge Rules Kik's Token Sale Violated US Securities Law

A federal judge has ruled Kik's 2017, $100 million token sale violated U.S. securities law, and wants to see a proposal for refunds.

Kik CEO Ted Livingston

Markets

SEC Alleges Big-Talking Florida Crypto Investor Defrauded Clients of $6.8M

Thomas J. Gity allegedly told his 18 investor's he'd never ended a trading day in the red.

florida, state

Markets

SEC Orders Salt Lending to Offer Refunds to Investors in Its $47M ICO

The SEC has confirmed it is taking action against SALT Lending after ruling the company's $47 million ICO was an illegal securities issuance.

salt

Policy

SEC Seeks Trial of Swedish National Over Alleged Fraud That Took $3.5M in Crypto

The man is alleged to have fleeced 2,200 victims in the U.S. and 45 other countries, netting $3.5 million via payments in bitcoin and other digital assets.

SEC, Securities and Exchange Commission