Kik Messenger App Faces Legal Drama with SEC Suit

June 6, 2019
Struggling messaging app Kik is battling the SEC in the courtroom. The government agency suing Kik over an initial coin offering in 2017. The SEC arguing the kin tokens that were issued should be treated as a security and that the offering should have been registered with the SEC. Andrew Hinkes, General Counsel at Athena, joined Cheddar to discuss what to expect from the rest of the legal battle.