【bayou music center view from my seat】Watch: Why This Video Could Doom Kik’s SEC Fight

kin cryptocurrency ted livingston kik

Kik CEO Ted Livingston may have already doomed the chat app’s chances to win its high-profile legal battle with the US Securities and Exchange Commission (SEC) regarding its

Kin cryptocurrency

,bayou music center view from my seat a video uncovered by

The Block

suggests.

Kik’s SEC Gambit

SEC

Kik plans to fight the SEC’s charge that the Kin ICO was an illegal securities offering. | Source: Shutterstock

As CCN

reported

, the SEC has sent Kik a “

Wells submission

,” a prelude to suing the Canadian company for violating securities regulations via its nearly

$100 million

initial coin offering.

The letter from the SEC reads, in part:

Read the full story on

CCN.com

.

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