Hatie Haun had a pretty good writeup about this case a while ago. https://a16z.com/2019/05/15/kik-and-the-sec-whats-going-on-and-what-does-it-mean-for-crypto/ h

Hatie Haun had a pretty good writeup about this case a while ago. https://a16z.com/2019/05/15/kik-and-the-sec-whats-going-on-and-what-does-it-mean-for-crypto/ https://a16z.com/2019/05/15/kik-and-the-sec-whats-going-on-a.... She'll be doing a follow up soon. I think projects who got some flak for selling only to accredited investors will be very happy right now.