Ripple CEO Brad Garlinghouse has revealed the firm unsuccessfully attempted to settle its securities violation lawsuit with the SEC, and slammed the “regulatory chaos” around cryptocurrencies.Read more
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.
SEC Chairman Jay Clayton will step down from his role by the end of 2020. Crypto-friendly Gary Gensler is among the rumored replacements.Read more
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.
On Wednesday, the U.S. Securities and Exchange Commission announced the end of its lawsuit against Kik Interactive.
The Canadian messenger app fell afoul of the U.S. regulator for failing to treat its sale of KIN tokens as a securities offering.
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.Read more
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.Read more
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.Read more
U.S. District Judge Alvin Kellerstein has sided with the U.S. Securities and Exchange Commission (SEC), ruling that the Canadian technology firm Kik’s $100 million initial coin offering (ICO) violated federal securities laws.Read more