In response to the SEC’s complaint against Kik from two months ago, Kik filed their answer in a 130+ page document in court today. I read through them all and provided some annotations to help if— god bless you— you have the heart to read it :)
Read MoreBasis Protocol, which raised $133 million from a number of credible investors, announced this week that it was shutting down. In it’s official statement, Basis cited “U.S. securities regulation” as a reason for its shutdown.
More on what that means in the post here. :)
My two cents on the current ICO hangover and its regulatory implications in the U.S..
Read MoreThe question on everyone’s mind this week after Friday’s SEC statement: are ICOs dead?
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