SEC
Whistleblower
Attorneys

October 21, 2020

Kik Interactive Inc.

Offering Fraud

SANCTION AMOUNT: $5000000

Defendants: Kik Interactive Inc.

Sanction levied as a civil penalty after the SEC obtained summary judgment against defendant for conducting an unregistered offering of digital tokens. The SEC had alleged that defendant, formerly solely in the business of developing/hosting an online messaging application, pivoted to attempt to develop a digital ecosystem as it was about to run out of money in 2017.

Named one of the top whistleblower practices/attorneys in the country by The New York Times, Wall Street Journal and NPR
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