Comment by brianhama

This filing makes it appear that Kik was attempting to scam investors. That is simply not true though. Take a look at the Kin Foundation’s github repos. This is one of the most active crypto projects there is. My company implemented Kin into our app with over 10 million users. 40 other apps have also implemented it. There are over 400,000 users spending Kin within our apps each month. Kik might have broken securities law in their offering to the public, but don’t confuse that with the resulting project also being fraudulent or a scam. It’s not.