The Securities and Exchange Commission is suing anonymity-focused, Canada-based messaging service Kik Interactive, claiming the company's Hail Mary pivot to raising money via a cryptocurrency sale in 2017 amounted to an illegal, unregistered securities offering, Bloomberg reported on Tuesday.
The Securities and Exchange Commission is suing anonymity-focused, Canada-based messaging service Kik Interactive, claiming the company's Hail Mary pivot to raising money via a cryptocurrency sale in 2017 amounted to an illegal, unregistered securities offering, Bloomberg reported on Tuesday.
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