Kik CEO says SEC negotiations have cost $5 Million
CoinDesk reports that Kik’s ($KIN) CEO says the company has spent $5 million engaging with the SEC over what the regulator claims was an unregistered securities sale. Ted Livingston, Kick's founder, told CoinDesk that he does not have any plans to sue the SEC for greater regulatory clarity, he did add that the agency needs to provide clear guidance.
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