SEC Charges Kik With Conducting $100M Unregistered ICO

Re:SEC Charges Kik With Conducting $100M Unregistered ICO by solotronics on Tuesday June 04, 2019 @03:41PM (#20098513)

I am not sure if this is a legitimate argument because you can apply the same logic to Uber and Tesla.

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Re:SEC Charges Kik With Conducting $100M Unregistered ICO by greglindahl on Tuesday June 04, 2019 @03:59PM (#20098666)

Uber and Tesla sold traditional securities to accredited investors, the same way that everyone else normally does.

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Re:SEC Charges Kik With Conducting $100M Unregistered ICO by MagnumOpus on Tuesday June 04, 2019 @04:00PM (#20098671)

Except that they confirmed to laws and SEC regs and Kik didn't? That makes all the difference...

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Re:SEC Charges Kik With Conducting $100M Unregistered ICO by nostrademons on Tuesday June 04, 2019 @04:26PM (#20098891)

Uber "conformed to laws" is rich considering HN commentary on that company over the last 8 years...

(To be fair, the SEC is pretty much the one government agency that Uber did not piss off - it's just the IRS, FBI, DoJ, and almost every local government in America that they're in trouble with.)

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Re:SEC Charges Kik With Conducting $100M Unregistered ICO by TeMPOraL on Tuesday June 04, 2019 @04:47PM (#20099067)

Uber deserves to be burned to the ground just for the legal shenanigans it played, but if in this case they were above the board, then it's fair to say so.

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Re:SEC Charges Kik With Conducting $100M Unregistered ICO by jeromegv on Tuesday June 04, 2019 @04:44PM (#20099032)

It's not rich when we talk about the SEC here. Uber conformed to laws of the SEC. The other agencies are irrelevant to that discussion.

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