The 8 Biggest Bombshells From the SEC’s Kik ICO Lawsuit

The 8 Biggest Bombshells From the SEC’s Kik ICO Lawsuit – CoinDesk

When Kik’s board of directors decided to support the company’s pivot to crypto, one of the board members described it as a “hail Mary pass.” It was early 2017 and the Canadian mobile messaging startup, having depleted its venture funding, was months away from firing everyone and calling it quits.