SEC sues Kik for US$100M for ‘illegal’ securities offering of digital tokens

CBC News | Armina Ligaya | June 4, 2019 Suit over digital "Kin" token sold by Kik The U.S. Securities and Exchange Commission has sued Ontario-based Kik Interactive Inc. for conducting an "illegal" US$100 million securities offering of digital tokens. The securities regulator said in a complaint filed Tuesday that the Kitchener-based company sold the tokens to U.S.