Blockstack STX Token Will Be Publicly Tradable Following New Blockchain Launch – BeInCrypto

Blockstack’s STACK 2.0 launch will coincide with public trading of the STX asset. CEO Muneeb Ali spoke to Reuters about the company’s plans.
Reuters reported on Dec. 7 that Blockstack PBC’s Stacks token could be a tradable asset in the U.S. next year.

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The SEC collected $1.26 billion from unregistered ICOs in 2020

The Enforcement Division of the U.S. Securities and Exchange Commission (SEC) has collected more than $4.68 billion in illegal income and fines this year so far — with more than one quarter coming from Telegram’s ill-fated Gram’s token sale alone.
In total around $1.

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Kik Concedes to $5 Million SEC Penalty – BeInCrypto

Kik Interactive Inc. has consented to a court judgment imposing a $5 million civil penalty by the Securities and Exchange Commission (SEC) following the conclusion of a case that started in 2019.

The case, which was held in the U.S.

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SEC versus Kik: SAFTs are far from safe

On the last day of September 2020, Judge Alvin K. Hellerstein dashed the hopes of Kik Interactive, crypto entrepreneurs and Simple Agreement for Future Tokens, or SAFT, proponents in general by ruling in favor of the U.S. Securities Exchange Commission’s motion for summary judgment in SEC v.

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US Court Sides With SEC in $100M Kik ICO Case; Kik Considers Appeal

A US court has found Kik’s sale of its cryptocurrency, Kin, to violate the nation’s securities laws. Kik raised just short of $100 million during the initial coin offering (ICO) it held in 2017.

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