2019-5-31 17:36 |
By CCN: Canadian mobile-messaging company Kik is preparing to fight the SEC tooth-and-nail when the agency sues the firm over its $100 million ICO. Many companies settle to avoid a protracted and expensive legal war.
However, Kik says the best way to force the Securities and Exchange Commission to issue regulatory clarity is through a full-scale court battle. So that’s what it’s doing. Watch: Why This Video Could Doom Kik’s SEC Fight https://t. co/ZAO2CmGGVf — CCN. com (@CCNMarkets) February 1, 2019 Facebook Also Launches Preemptive Strikes Kik’s proactive defensive maneuver mirrors the tactic that Facebook is employing. The social media monopoly is
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