Court rules Kik’s 2017 ICO violated U.S. securities laws

by Aurelia Butler 1 October 2020, 07:40 189 Views

On September 30, Judge Kellerstein responded to both parties’ requests for summary judgment, determining that Kik’s 2017 token sale meets the definition of a securities issuance according to the Howey test, as the ICO participants had a reasonable expectation of profit.

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Court rules Kik’s 2017 ICO violated U.S. securities laws

Australian government’s digital business plan includes $5M for blockchain

The ECB begins its shift to a new inflation goal

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