Kik sees 'open path' for Kin exchange listing following SEC settlement

[Galaxy]

After reaching a $5 million settlement with the SEC, Kin tokens “should be free to trade on exchanges,” says Kik Interactive. A New York court has ratified the proposed settlement between the US Securities and Exchange Commission (SEC) and software development company Kik Interactive over the latter’s $98 million initial coin offering (ICO) for its crypto network Kin.

While Kik will have to pay the SEC a civil penalty of $5 million, the remaining Kin tokens, as well as the Kin Foundation itself, are now out of the legal woods, the company stated yesterday.
Info link: https://decrypt.co/46065/kik-sees-open-path-for-kin-exchange-listing-following-sec-settlement

[Legion]

This is terrible, still be careful with it like this.