Kik is the First Major ICO SEC Enforcement Action: “The First Shoe Has Finally Dropped.”

Kik is the First Major ICO SEC Enforcement Action: “The First Shoe Has Finally Dropped.” | Crowdfund Insider

Kik’s Hail Mary Pass. As Crowdfund Insider reported earlier today, the Securities and Exchange Commission (SEC) has publicly revealed the allegations against Kik and the issuance of the Kin tokens. In 2017, Kik completed an initial coin offering (ICO) that raised a whopping $100 million or so.