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Josh Lawler: KIK’s Failure to Back Down has SEC in Catch-22
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The post Josh Lawler: KIK’s Failure to Back Down has SEC in Catch-22 written by Richard Kastelein appeared first on Blockchain News - Security and Utility Tokens, Tokenomics, Cryptoeconomics by Josh Lawler It may have seemed like a good idea to send a Wells Notice to KIK1. KIK sold millions of dollars’ worth of KIN tokens to U.S. persons in an ICO; an unregistered sale of consumptive tokens2. Under...

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