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No 'Binding Precedent' In Suit Over Kik's $100M Crypto Sale

By Philip Rosenstein (July 9, 2020, 11:38 PM EDT) -- U.S. District Judge Alvin K. Hellerstein on Thursday noted the unique position he's in during arguments over telephone in the SEC's case against Kik alleging that the Canadian messaging company engaged in an unregistered securities offering of its Kin digital tokens, pointing to the lack of "binding precedent" on the matter....

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