Funding Friday: DefendCrypto.org - AVC

As expected, the SEC sued USV’s portfolio company Kik this week. Here is Kik’s response to the news: This part of Kik’s response explains that the SEC is stretching the interpreta...

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Source: AVC

As expected, the SEC sued USV’s portfolio company Kik this week. Here is Kik’s response to the news: This part of Kik’s response explains that the SEC is stretching the interpretation of the Howey ruling (from almost a century ago) in its efforts to claim jurisdiction of crypto token regulation: For the reasons set forth […]