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Not according to the page linked to on the SEC website: >The SEC seeks a permanent injunction, disgorgement plus interest, and a penalty. So they're seeking $
by flyGuyOnTheSly 7y ago
Not according to the page linked to on the SEC website:
>The SEC seeks a permanent injunction, disgorgement plus interest, and a penalty.
So they're seeking $55,000,000 USD of US investor funds, plus interest, plus a penalty.
That would bankrupt Kik and decimate the future of the project.
- asdfasgasdgasdg 7y agohttps://coinmarketcap.com/currencies/kin/ https://coinmarketcap.com/currencies/kin/ People with skin in the game clearly think it's a big deal. Kin's price tanked by 25% today, and that's after a long decline since the Well's notice. That trading volume is telling too. They turned over about 10% of the outstanding shares. By comparison, a typical day for GOOGL is 0.5%.